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Professor Pat McAllister

Professor of Real Estate

PhD Programme Director

Pat Mc Allister 75e5pfiod

Specialisms

  • Real estate appraisal, 
  • Sustainable real estate, 
  • Development viability appraisal, 
  • Cross-border real estate investment

Location

HBS 221, Whiteknights Campus

Pat McAllister has a long-standing relationship with the University of Reading having been awarded both his MPhil and his PhD by the University. Pat returned to Real Estate & Planning in 2015, having previously taught at University College London, Oxford Brookes University, Heriot-Watt University and University of Greenwich. Pat was appointed Visiting Professor at TU Delft in 2017.

He has been involved in numerous research projects funded by or in collaboration with industry partners. He has published widely on a range of topics linked to real estate appraisal, development, management and investment. He has undertaken research projects for Real Estate Research Institute, the Nuffield Foundation, Economic and Social Research Council, the Investment Property Forum, Department of Energy and Climate Change, the Royal Institution of Chartered Surveyors and Ministry for Housing Communities and Local Government. Pat became a member of the RICS in 1992.

Qualifications

  • PhD, Real Estate and Planning, University of Reading
  • MPhil Land Economy, University of Cambridge
  • MPhil Land Management and Development, University of Reading
  • BA (Hons) in Geography, University of Kent

Current PhD students

Ernest Adu: Cross-Border Commercial Real Estate Development: A socio-economic analysis of development strategies and processes in Emerging Markets. Lead supervisor.

Reference: McAllister, P. (2020) Can brokers rig the real estate market? An exploratory study of the commercial real estate sector. Journal of Property Research, 37 (3). pp. 254-288. ISSN 1466-4453 doi: https://doi.org/10.1080/09599916.2020.1794935
Reference: McAllister, P. (2020) Creating operational alpha? Operating models for real estate management. Property Management, 38 (4). pp. 565-583. ISSN 0263-7472 doi: https://doi.org/10.1108/PM-02-2020-0009
Reference: McAllister, P. and Nase, I. (2020) The accuracy of consensus real estate forecasts revisited. Journal of Property Research, 37 (2). pp. 147-170. ISSN 1466-4453 doi: https://doi.org/10.1080/09599916.2020.1720784
Reference: McAllister, P. and Nase, I. (2019) The impact of Minimum Energy Efficiency Standards: some evidence from the London office market. Energy Policy, 132. pp. 714-722. ISSN 0301-4215 doi: https://doi.org/10.1016/j.enpol.2019.05.060
Reference: McAllister, P. (2019) The taxing problems of land value capture, planning obligations and viability tests: some reasonable models? Town Planning Review, 90 (4). pp. 429-451. ISSN 1478-341X doi: https://doi.org/10.3828/tpr.2019.28
Reference: Devaney, S. , Livingstone, N., McAllister, P. and Nanda, A. (2019) Capitalization rates and transaction activity in international office markets: a global perspective. Global Finance Journal, 42. 100469. ISSN 1044-0283 doi: https://doi.org/10.1016/j.gfj.2019.04.003
Reference: McAllister, P. (2018) Fund management and governance. In: MacGregor, B. D., Schulz, R. and Green, R. (eds.) Routledge Companion to Real Estate Investment. Routledge, Abingdon. ISBN 9781138020788
Reference: McAllister, P. , Shepherd, E. and Wyatt, P. (2018) Policy shifts, developer contributions and land value capture in London 2005–2017. Land Use Policy, 78. pp. 316-326. ISSN 0264-8377 doi: https://doi.org/10.1016/j.landusepol.2018.06.047
Reference: Crosby, N. , Devaney, S. , Lizieri, C. and McAllister, P. (2018) Can institutional investors bias real estate portfolio appraisals? Evidence from the market downturn. Journal of Business Ethics, 147 (3). pp. 651-667. ISSN 1573-0697 doi: https://doi.org/10.1007/s10551-015-2953-1
Reference: Devaney, S. , McAllister, P. and Nanda, A. (2017) Determinants of transaction activity in commercial real estate markets: evidence from European and Asia-Pacific countries. Journal of Property Research, 34 (4). pp. 251-268. ISSN 1466-4453 doi: https://doi.org/10.1080/09599916.2017.1383931
Reference: Devaney, S. , McAllister, P. and Nanda, A. (2017) Which factors determine transaction activity across US Metropolitan office markets? Journal of Portfolio Management, 43 (6). pp. 90-104. ISSN 0095-4918 doi: https://doi.org/10.3905/jpm.2017.43.6.090
Reference: Fuerst, F. , Gabrieli, T. and McAllister, P. (2017) A green winner's curse? Investor behavior in the market for eco-certified office buildings. Economic Modelling, 61. pp. 137-146. ISSN 0264-9993 doi: https://doi.org/10.1016/j.econmod.2016.11.007
Reference: McAllister, P. (2017) The calculative turn in land value capture: lessons from the English planning system. Land Use Policy, 63. pp. 122-129. ISSN 0264-8377 doi: https://doi.org/10.1016/j.landusepol.2017.01.002
Reference: Devaney, S. , Livingstone, N., McAllister, P. and Nanda, A. (2017) Institutional convergence in real estate markets: a comparative study of brokerage models and transaction costs. Journal of Real Estate Literature, 25 (1). pp. 169-188. ISSN 0927-7544
Reference: Devaney, S. , McAllister, P. and Nanda, A. , (2016) Which factors determine liquidity across US metropolitan office markets? Real Estate Research Institute (RERI)
Reference: Devaney, S. , Livingstone, N., McAllister, P. and Nanda, A. , (2016) Unravelling liquidity In international commercial real estate markets. Report. IPF Research Programme, London.
Reference: McAllister, P. , Street, E. and Wyatt, P. (2016) An empirical investigation of stalled residential sites in England. Planning Practice and Research, 31 (2). pp. 132-153. ISSN 1360-0583 doi: https://doi.org/10.1080/02697459.2015.1115658
Reference: McAllister, P. and Nanda, A. (2016) Does real estate defy gravity? An analysis of cross-border real estate investment flows. Review of International Economics, 24 (5). pp. 924-948. ISSN 1467-9396 doi: https://doi.org/10.1111/roie.12228
Reference: McAllister, P. , (2016) The calculative turn in land value capture: lessons from the English planning system. Working Papers in Real Estate & Planning. 01/16. Working Paper. University of Reading, Reading. pp22.
Reference: Fuerst, F. , McAllister, P. , Nanda, A. and Wyatt, P. (2016) Energy performance ratings and house prices in Wales: an empirical study. Energy Policy, 92. pp. 20-33. ISSN 0301-4215 doi: https://doi.org/10.1016/j.enpol.2016.01.024
Reference: Nanda, A. and McAllister, P. (2016) Do foreign buyers compress office real estate cap rates? Journal of Real Estate Research, 38 (4). pp. 569-594. ISSN 0896-5803 doi: https://doi.org/10.1080/10835547.2016.12091457
Reference: McAllister, P. , Street, E. and Wyatt, P. (2016) Governing calculative practices: An investigation of development viability modelling in the English planning system. Urban Studies, 53 (11). pp. 2363-2379. ISSN 1360-063X doi: https://doi.org/10.1177/0042098015589722
Reference: Fuerst, F., McAllister, P. and Sivitanides, P. (2015) Flight to quality? An investigation of changing price spreads in commercial real estate markets. Studies in Economics and Finance, 32 (1). pp. 2-16. ISSN 1086-7376 doi: https://doi.org/10.1108/SEF-10-2013-0155
Reference: McAllister, P. and Nanda, A. (2015) Does foreign investment affect US office real estate prices? Journal of Portfolio Management, 41 (6). pp. 38-47. ISSN 0095-4918 doi: https://doi.org/10.3905/jpm.2015.41.6.038
Reference: Fuerst, F. , McAllister, P. , Nanda, A. and Wyatt, P. , (2015) Energy performance ratings and house prices in Wales: an empirical study. Working Papers in Real Estate & Planning. 05/15. Working Paper. University of Reading, Reading. pp40.
Reference: McAllister, P. and Nanda, A. , (2015) The impact of cross-border real estate investment on commercial real estate capitalisation rates. Report. Real Estate Research Institute
Reference: Bushnell, C., McAllister, P. and Nanda, A. (2015) The persistence of distance: a gravity model of European cross-border real estate development flows. Journal of Financial Management of Property and Construction, 20 (2). pp. 147-169. ISSN 1366-4387 doi: https://doi.org/10.1108/JFMPC-10-2014-0020
Reference: Fuerst, F. , McAllister, P. , Nanda, A. and Wyatt, P. (2015) Does energy efficiency matter to home-buyers? An investigation of EPC ratings and transaction prices in England. Energy Economics, 48. pp. 145-156. ISSN 0140-9883 doi: https://doi.org/10.1016/j.eneco.2014.12.012
Reference: Wyatt, P. , McAllister, P. , Cousins, L., Pugh, H. and McAllister, R., (2014) Section 106 planning obligations in England, 2011-12. Project Report. HM Government pp84.
Reference: Cajias, M., Fuerst, F. , McAllister, P. and Nanda, A. (2014) Do responsible real estate companies outperform their peers? International Journal of Strategic Property Management, 18 (1). pp. 11-27. ISSN 1648-9179 doi: https://doi.org/10.3846/1648715X.2013.866601
Reference: Fuerst, F. , Kontokosta, C. and McAllister, P. (2014) Determinants of green building adoption. Environment and Planning B: Planning and Design, 41 (3). pp. 551-570. ISSN 1472-3417 doi: https://doi.org/10.1068/b120017p
Reference: Dabson, A. and McAllister, P. , (2014) Evolution and change in the serviced office sector: a decade later. Working Papers in Real Estate & Planning. 02/14. Working Paper. University of Reading, Reading. pp23.
Reference: Dabson, A. and McAllister, P. , (2014) The role of serviced offices in the corporate real estate supply chain. Working Papers in Real Estate & Planning. 01/14. Working Paper. University of Reading, Reading. pp24.
Reference: Fuerst, F. , McAllister, P. , Nanda, A. and Wyatt, P. , (2013) An investigation of the effect of EPC ratings on house prices. Project Report. HM Government pp41.
Reference: Crosby, N. , McAllister, P. and Wyatt, P. (2013) Fit for planning? An evaluation of the application of development viability appraisal models in the UK planning system. Environment and Planning B: Planning and Design, 40 (1). pp. 3-22. ISSN 1472-3417 doi: https://doi.org/10.1068/b37181
Reference: McAllister, P. , Street, E. and Wyatt, P. , (2013) Shovel ready? An empirical investigation of stalled residential sites. Working Papers in Real Estate & Planning. 11/13. Working Paper. University of Reading, Reading. pp27.
Reference: McAllister, P. , Street, E. and Wyatt, P. , (2013) Inside the black box: unravelling the development viability appraisal process. Working Papers in Real Estate & Planning. 12/13. Working Paper. University of Reading, Reading. pp35.
Reference: McAllister, P. and Wyatt, P. , (2013) A good enough approach to setting planning obligations. Working Papers in Real Estate & Planning. 08/13. Working Paper. University of Reading, Reading. pp25.
Reference: Wyatt, P. and McAllister, P. , (2013) Area-wide development viability appraisals: the concept of threshold land value within a UK planning context. Working Papers in Real Estate & Planning. 09/13. Working Paper. University of Reading, Reading. pp21.
Reference: McAllister, P. , Coleman, C. and Wyatt, P. (2013) Fit for policy? Some evidence on the application of development viability models in the UK planning system. Town Planning Review, 84 (4). pp. 517-543. ISSN 1478-341X doi: https://doi.org/10.3828/tpr.2013.26
Reference: Coleman, C. , Crosby, N. , McAllister, P. and Wyatt, P. (2013) Development appraisal in practice: some evidence from the planning system. Journal of Property Research, 30 (2). pp. 144-165. ISSN 1466-4453 doi: https://doi.org/10.1080/09599916.2012.750620
Reference: Bushnell, C., McAllister, P. , Nanda, A. and Ro, S. , (2012) An analysis of the determinants of cross-border real estate development flows. Working Papers in Real Estate & Planning. 06/12. Working Paper. University of Reading, Reading. pp20.
Reference: Bushnell, C. and McAllister, P. , (2012) Ownership Advantages in Cross-border Real Estate Development: Some Evidence from European Markets. Working Papers in Real Estate & Planning. 01/12. Working Paper. University of Reading, Reading. pp25.
Reference: Fuerst, F. , McAllister, P. , Van de Wetering, J. and Wyatt, P. (2011) Measuring the financial performance of green buildings in the UK commercial property market: addressing the data issues. Journal of Financial Management of Property and Construction, 16 (2). pp. 163-185. ISSN 1366-4387 doi: https://doi.org/10.1108/13664381111153132 <https://doi.org/10.1108/13664381111153132 >
Reference: Fuerst, F. and McAllister, P. (2011) The impact of Energy Performance Certificates on the rental and capital values of commercial property assets. Energy Policy, 39 (10). pp. 6608-6614. ISSN 0301-4215 doi: https://doi.org/10.1016/j.enpol.2011.08.005
Reference: Fuerst, F. and McAllister, P. (2011) Eco-labeling in commercial office markets: do LEED and Energy Star offices obtain multiple premiums? Ecological Economics, 70 (6). pp. 1220-1230. ISSN 0921-8009 doi: https://doi.org/10.1016/j.ecolecon.2011.01.026 <https://doi.org/10.1016/j.ecolecon.2011.01.026 >
Reference: Fuerst, F. , McAllister, P. and Murray, C. (2011) Designer buildings: estimating the economic value of `signature' architecture. Environment and Planning A, 43 (1). pp. 166-184. ISSN 0308-518X doi: https://doi.org/10.1068/a43270
Reference: Fuerst, F. , McAllister, P. and Ekeowa, B., (2011) The impact of energy performance certificates on the rental and capital values of commercial property assets: some preliminary evidence from the UK. Working Papers in Real Estate & Planning. 01/11. Working Paper. University of Reading, Reading. pp20.
Reference: Cajias, M., Fuerst, F. , McAllister, P. and Nanda, A. , (2011) Do responsible real estate companies outperform their peers? Working Papers in Real Estate & Planning. 15/11. Working Paper. University of Reading, Reading. pp31.
Reference: McAllister, P. , (2011) Why do research on commercial property management? Somebody HAS to! Working Papers in Real Estate & Planning. 16/11. Working Paper. University of Reading, Reading. pp10.
Reference: Byrne, P. , McAllister, P. and Wyatt, P. (2011) Precisely wrong or roughly right? An evaluation of development viability appraisal modelling. Journal of Financial Management of Property and Construction, 16 (3). pp. 249-271. ISSN 1366-4387 doi: https://doi.org/10.1108/13664381111179224
Reference: Fuerst, F. , McAllister, P. and Sivitanides, P., (2011) Flight to quality? An investigation of the attributes of sold properties in hot and cold markets. Working Papers in Real Estate & Planning. 07/11. Working Paper. University of Reading , Reading. pp37.
Reference: Fuerst, F. , Kontokosta, C. and McAllister, P. , (2011) Taking the LEED? Analyzing spatial variations in market penetration rates of eco-labeled properties. Working Papers in Real Estate and Planning. 10/11. Working Paper. University of Reading, Reading. pp32.
Reference: Cajias, M., Fuerst, F. , McAllister, P. and Nanda, A. , (2011) Is ESG commitment linked to investment performance in the real estate sector? Working Papers in Real Estate and Planning. 08/11. Working Paper. University of Reading, Reading. pp37.
Reference: Fuerst, F. and McAllister, P. (2011) Green noise or green value? Measuring the effects of environmental certification on office values. Real Estate Economics, 39 (1). pp. 45-69. ISSN 1080-8620 doi: https://doi.org/10.1111/j.1540-6229.2010.00286.x
Reference: Fuerst, F. and McAllister, P. , (2010) What is the effect of eco-labelling on office occupancy rates in the USA? FiBRE Series. Report. RICS
Reference: Fuerst, F. and McAllister, P. M. (2010) Supply elasticities and developers' expectations: a study of European office markets. Journal of European Real Estate Research, 3 (1). pp. 5-23. ISSN 1753-9269 doi: https://doi.org/10.1108/17539261011040514
Reference: McAllister, P. , Fuerst, F. , Wyatt, P. and Van de Wetering, J. , (2010) Establishing a data framework for measuring the price effects of eco-certification. FiBRE: findings in built and rural environments. Report. RICS, London. pp17. ISBN 9781842196243
Reference: Fuerst, F. , McAllister, P. and Smith, K., (2010) Eco-labeling, rents, sales prices and occupancy rates: do LEED and Energy Star labeled offices obtain multiple premiums? Working Papers in Real Estate & Planning. 01/10. Working Paper. University of Reading, Reading. pp24.
Reference: Byrne, P. , McAllister, P. and Wyatt, P. , (2010) Reconciling model and information uncertainty in development appraisal. Working Papers in Real Estate & Planning. 03/10. Working Paper. University of Reading, Reading. pp26.
Reference: Byrne, P. , McAllister, P. and Wyatt, P. , (2010) Precisely wrong or roughly right? An evaluation of development viability. Working Papers in Real Estate & Planning. 08/10. Working Paper. University of Reading, Reading. pp30.
Reference: Crosby, N. , McAllister, P. and Wyatt, P. , (2010) Fit for planning? An evaluation of the application of development viability appraisal models in the UK planning system. Working Papers in Real Estate & Planning. 10/10. Working Paper. University of Reading, Reading. pp39.
Reference: Crosby, N. , Lizieri, C. M. and McAllister, P. M. (2010) Means, motive and opportunity? Disentangling client influence on performance measurement appraisals. Journal of Property Research, 27 (2). pp. 181-201. ISSN 0959-9916 doi: https://doi.org/10.1080/09599916.2010.499014
Reference: Ling, D. C., Marcato, G. and McAllister, P. (2009) Dynamics of asset prices and transaction activity in illiquid markets: the case of private commercial real estate. Journal of Real Estate Finance and Economics, 39 (3). pp. 359-383. ISSN 1573-045X doi: https://doi.org/10.1007/s11146-009-9182-2
Reference: Fuerst, F. and McAllister, P. (2009) An investigation of the effect of eco-labeling on office occupancy rates. Journal of Sustainable Real Estate, 1 (1). pp. 49-64.
Reference: McAllister, P. (2009) Assessing the valuation implications of the eco-labelling of commercial property assets. Journal of Retail and Leisure Property, 8 (4). pp. 311-322. ISSN 1750-2098 doi: https://doi.org/10.1057/rlp.2009.12
Reference: McAllister, P. and Loizou, P. (2009) The appraisal of data centres: deconstructing the cash flow. Journal of Property Investment and Finance, 27 (1). pp. 65-80. ISSN 1463-578X doi: https://doi.org/10.1108/14635780910926676
Reference: Fuerst, F. and McAllister, P. , (2009) An investigation of the effect of eco-labeling on office occupancy rates. Working Papers in Real Estate & Planning. 08/09. Working Paper. The University of Reading, Reading. pp24.
Reference: Fuerst, F. , McAllister, P. and Murray, C. , (2009) Designer buildings: an evaluation of the price impacts of signature architects. Working Papers in Real Estate & Planning. 10/09. Working Paper. University of Reading, Reading. pp21.
Reference: Fuerst, F. and McAllister, P. , (2009) New evidence on the green building rent and price premium. Working Papers in Real Estate & Planning. 07/09. Working Paper. University of Reading, Reading. pp29.
Reference: Crosby, N. , Lizieri, C. and McAllister, P. , (2009) Means, motive and opportunity? Disentangling client influence on performance measurement appraisals. Working Papers in Real Estate & Planning. 09/09. Working Paper. The University of Reading, Reading. pp24.
Reference: Fuerst, F. and McAllister, P. (2008) Environmental certification for commercial real estate assets: the value impacts. In: COBRA RICS Construction and Building Research Conference, Dublin, Ireland.
Reference: Bond, S. A., Loizou, P. and McAllister, P. (2008) Lease maturity and initial rent: is there a term structure for UK commercial property leases? Journal of Real Estate Finance and Economics, 36 (4). pp. 451-469. ISSN 1573-045X doi: https://doi.org/10.1007/s11146-007-9096-9
Reference: McAllister, P. , Newell, G. and Matysiak, G. (2008) Agreement and accuracy in consensus forecasts of the UK commercial property market. Journal of Property Research, 25 (1). pp. 1-22. ISSN 1466-4453 doi: https://doi.org/10.1080/09599910802397040
Reference: Fuerst, F. and McAllister, P. , (2008) Green noise or green value? Measuring the price effects of environmental certification in commercial buildings. Working Papers in Real Estate & Planning . 09/08. Working Paper. University of Reading, Reading. pp39.
Reference: Ling, D. C., Marcato, G. and McAllister, P. , (2008) The dynamics of asset prices and transaction activity in illiquid markets: the case of private commercial real estate. Working Papers in Real Estate & Planning . 11/08. Working Paper. University of Reading, Reading. pp30.
Reference: McAllister, P. , Hughes, C. and Gallimore, P. (2008) Principal-agent issues in asset acquisition: UK institutions and their investment agents. Journal of Property Research, 25 (4). pp. 269-283. ISSN 0959-9916 doi: https://doi.org/10.1080/09599910902837010
Reference: McAllister, P. and Loizou, P., (2007) The appraisal of data centres: deconstructing the cash flow. Working Papers in Real Estate & Planning. 04/07. Working Paper. University of Reading, Reading. pp23.
Reference: McAllister, P. and Kennedy, P., (2007) Data uncertainty in real estate forecasting. Working Papers in Real Estate & Planning. 06/07. Working Paper. University of Reading, Reading. pp16.
Reference: Kennedy, P., Lee, S. and McAllister, P. , (2007) Data dilemmas in forecasting European office market rents. Working Papers in Real Estate & Planning. 10/07. Working Paper. University of Reading, Reading. pp27.
Reference: McAllister, P. and Lizieri, C. (2006) Monetary integration and real estate markets: the impact of the Euro on European real estate equities. Journal of Property Research, 23 (4). pp. 281-303. ISSN 1466-4453 doi: https://doi.org/10.1080/09599910601095266
Reference: Kutsch, N., McAllister, P. and Newell, G., (2006) Private property vehicles: the valuation of limited partnerships. Report. Royal Institution of Chartered Surveyors, London. pp33.
Reference: Gallimore, P. , Hughes, C. and McAllister, P. , (2006) Property stock selection: organization, incentives and information. Report. Investment property forum, London. pp75.
Reference: Kutsch, N. and McAllister, P. , (2006) The growth of private property vehicles in the UK: causes and conditions. Working Papers in Real Estate & Planning. 09/06. Working Paper. University of Reading, Reading. pp28.
Reference: Hughes, C. , Lizieri, C. and McAllister, P. , (2005) The FSA and the property investment sector. Report. Investment Property Forum pp19.
Reference: Gallimore, P. and McAllister, P. , (2005) Judgement and quantitative forecasts in commercial property investment. Report. RICS, London. pp31.
Reference: Dixon, T., Thompson, R., McAllister, P. , Marston, A. and Snow, J. (2005) Real estate and the new economy: the impact of information and communications technology. Real Estate Issues. Wiley-Blackwell, pp440. ISBN 9781405117784
Reference: Turner, N., Cullen, I., Marsh, J., Ward, C. and McAllister, P. , (2005) Investment performance and lease structure change in the UK: research finding. Report. Investment Property Forum, London. pp78.
Reference: Morri, G., McAllister, P. and Ward, C. , (2005) Explaining deviations from NAV in UK property companies: rationality and sentimentality. Working Papers in Real Estate & Planning. 20/05. Working Paper. University of Reading, Reading. pp35.
Reference: McAllister, P. , Newell, G. and Matysiak, G. , (2005) An evaluation of the performance of UK real estate forecasters. Working Papers in Real Estate & Planning. 23/05. Working Paper. University of Reading, Reading. pp34.
Reference: McAllister, P. , Newell, G. and Matysiak, G. , (2005) Analysing UK real estate market forecast disagreement. Working Papers in Real Estate & Planning. 13/05. Working Paper. University of Reading, Reading. pp22.
Reference: Kutsch, N., McAllister, P. and Newell, G., (2005) Private property vehicles: the valuation of interests in limited partnerships. Working Papers in Real Estate & Planning. 26/05. Working Paper. University of Reading, Reading. pp20.
Reference: Gallimore, P. and McAllister, P. , (2005) The production and consumption of commercial real estate market forecasts. Working Papers in Real Estate & Planning. 06/05. Working Paper. University of Reading, Reading. pp47.
Reference: Bond, S. A., Loizou, P. and McAllister, P. , (2005) Lease maturity and initial rent: is there a term structure for UK commercial property leases? Working Papers in Real Estate & Planning. 28/05. Working Paper. University of Reading, Reading. pp27.
Reference: Crosby, N. and McAllister, P. (2004) Deconstructing the transaction process: an analysis of fund transaction data. In: Lizieri, C. (ed.) Liquidity in Commercial Property: Research Findings. Investment Property Forum, London, pp. 22-39.
Reference: Newell, G., Worzala, E., McAllister, P. and Schulte, K.-W. (2004) An international perspective on real estate research priorities. Journal of Real Estate Portfolio Management, 10 (3). pp. 161-170. ISSN 1083-5547
Reference: Newell, G., McAllister, P. and Worzala, E. (2004) Property research priorities in the UK. Journal of Property Investment and Finance, 22 (3). pp. 269-282. ISSN 1463-578X doi: https://doi.org/10.1108/14635780410538186
Reference: Bond, S., Crosby, N. , Hwang, S., Key, T., Lizieri, C. , Matysiak, G. , McAllister, P. and Ward, C. W. R. , (2004) Liquidity in commercial property markets. Report. Investment Property Forum pp116.
Reference: Gallimore, P. and McAllister, P. , (2004) Expert judgement in the processes of commercial property market forecasting. Working Papers in Real Estate & Planning. 11/04. Working Paper. University of Reading, Reading. pp34.
Reference: Crosby, N. and McAllister, P. , (2004) Liquidity in commercial property markets: deconstructing the transaction process. Working Papers in Real Estate & Planning. 07/04. Working Paper. University of Reading, Reading. pp25.
Reference: Gallimore, P. and McAllister, P. (2004) Expert judgement in the processes of commercial property market forecasting. Journal of Property Research, 21 (4). pp. 337-360. ISSN 1466-4453 doi: https://doi.org/10.1080/09599910500163157
Reference: Lizieri, C. M. , McAllister, P. and Ward, C. (2003) Continental shift? An analysis of convergence trends in European real estate equities. Journal of Real Estate Reseach, 25 (1). pp. 1-22.
Reference: McAllister, P. , Baum, A. , Crosby, N. , Gallimore, P. and Gray, A. (2003) Appraiser behaviour and appraisal smoothing: some qualitative and quantitative evidence. Journal of Property Research, 20 (3). pp. 261-280. ISSN 1466-4453 doi: https://doi.org/10.1080/0959991032000162347
Reference: Lizieri, C. M. , McAllister, P. and Ward, C. , (2003) Monetary integration and real estate markets: an investigation of the impact of the introduction of a single currency on real estate performance. Working Papers in Real Estate & Planning. 12/03. Working Paper. University of Reading, Reading. pp39.
Reference: Dixon, T., McAllister, P. and Thompson, R. , (2002) The value of ICT for SMEs in the UK: a critical literature review. Small Business Service Research Programme. 02/1377. Report. Department for Business Innovation & Skills pp28.
Reference: Lizieri, C. , Ward, C. and McAllister, P. , (2002) Continental shift? An analysis of convergence trends in European real estate equities. Working Papers in Land Management & Development. 06/02. Working Paper. University of Reading, Reading. pp28.
Reference: Baum, A. , Crosby, N. , Gallimore, P. , Gray, A. and McAllister, P. , (2002) Appraiser behaviour and appraisal smoothing: some qualitative and quantitative evidence. Working Papers in Land Management and Development. 04/02. Working Paper. Reading University, Reading. pp28.
Reference: McAllister, P. , (2001) Integration and segmentation in European investment services markets: assessing the implications for international real estate investment. Working Papers in Land Management & Development. 05/01. Working Paper. University of Reading, Reading. pp21.
Reference: McAllister, P. , (2000) Fixing the currency: analysing the implications for property investment performance. Working Papers in Land Management & Development. 09/00. Working Paper. University of Reading, Reading. pp14.
Reference: McAllister, P. , (2000) Pricing short leases and break clauses using simulation methodology. Working Papers in Land Management & Development. 11/00. Working Paper. University of Reading, Reading. pp21.

Real Estate Development: Process, Practice and Appraisal

The module aims to provide students with an understanding of: the nature of the real estate development process including the activities, agencies, events, relationships, skills and tasks involved; the factors...

Module code: REMF49

Development Appraisal & Finance

Module overview:This module covers the approaches used to evaluate and appraise the financial viability of real estate development projects. You will also investigate the way in which risks and rewards...

Module code: RE3DAF

Liquidity in International Real Estate Markets, Funded by IPF(£40,000) with Dr Anupam Nanda and Dr Steve Devaney (University of Reading) and Dr Nicola Livingstone (University College London), 2015

The Effect of Energy Performance on House Prices, Funded by Wales Low/Zero Carbon Hub (£5,000) with Franz Fuerst (University of Cambridge), Dr Peter Wyatt and Dr Anupam Nanda (both University of Reading), 2014.

The Impact of Cross-border Real Estate Investment on US Commercial Real Estate Capitalisation Rates, Funded by RERI ($15,000) with Dr Anupam Nanda (University of Reading), 2014

The Impact of Cross-border Real Estate Investment on European Commercial Real Estate Capitalisation Rates, Funded by DTZ Research Institute (£5,000) with Dr Anupam Nanda (University of Reading), 2014

The Value of Planning Obligations in England, Funded by DCLG (c£90,000) a consortium with University of Reading, Three Dragons, Hives Planning and David Locke Associates, 2011-12.

Hedonic Pricing Study to Determine whether Energy Efficiency Ratings and Council Tax Differentials Impact on Prices in the Domestic Building Sector, Funded by DECC (£32,000) with Franz Fuerst (University of Cambridge), Dr Peter Wyatt and Dr Anupam Nanda (both University of Reading), 2012.