Professor Anupam Nanda

Professor of Urban Economics and Real Estate

Professor Anupam Nanda's Photograph

Professor Anupam Nanda

Academic Director, Centre for Intelligent Places
Director, MSc Real Estate Finance
Real Estate & Planning
HBS 217, Whiteknights campus
a.nanda@reading.ac.uk
+44 (0) 118 378 6339

Biography

Profile

Anupam Nanda is Professor of Urban Economics and Real Estate, Academic Director of the Centre for intelligent Places and Director of the MSc Real Estate Finance programme at the Henley Business School, University of Reading, UK. He is also a Research Associate at the Walker Institute for Climate System Research. Previously, Anupam worked with the Market Intelligence group of Deloitte & Touche in Mumbai (Apr. 2008-Nov. 2009), where his focus area covered real estate and private equity sectors. He was at the National Association of Home Builders (NAHB) in Washington DC (Apr. 2006-Apr. 2008), as Senior Research Economist, where his responsibilities included developing and implementing housing market research studies and was a member of the team forecasting state and metro area housing markets in US. Anupam has also taught undergraduate Economics and Public Finance at the University of Connecticut. His works have been funded by both UK and international public and private funding bodies and companies, for example, e.g. Innovate UK, UK Foreign and Commonwealth Office, UK Dept of Energy and Climate Change, The Royal Institution of Chartered Surveyors (RICS), Investment Property Forum (IPF), Real Estate Research Institute (RERI) in USA. His academic papers have been published by top international journals e.g. Energy Policy, Energy Economics, Journal of Urban Economics, Regional Studies, Real Estate Economics, Applied Linguistics, Journal of Real Estate Research etc.

Coming soon, Nanda, A. Residential Real Estate: A Comprehensive International Overview, Routledge. ISBN-13: 978-1138898301;  ISBN-10: 1138898309

Qualifications

  • PhD in Economics, University of Connecticut, Storrs, CT, USA (2006).
  • BSc (Honours) in Economics, St. Xavier’s College, Kolkata, India.
  • FRSA - Fellow of the Royal Society of Arts.
  • FRGS - Fellow of the Royal Geographical Society with IBG.
  • FHEA - Fellow of the Higher Education Academy, UK.
Professional Memberships
  • Royal Economic Society.
  • American Econonomic Association.
  • American Real Estate and Urban Economics Association.
  • Urban Economics Association.
         

Specialisms 

Dynamic Interactions and Information Asymmetry across Urban and Regional Markets; Economics of Place-Making; Housing Market Dynamics; Economic and Econometric Analysis of Regulation, Sustainability and Corporate Social Responsibility within Urban and Regional Contexts;  

Centre for intelligent Places
University of Reading Big Social Data Research Group 

 

 Post-Doctoral Research Assistants and PhDs

Dr Cynthia Gong, PDRA. Behavioural Economics/intelligent Care and Urban Living.
Dr Jia-Huey Yeh (PhD completed 2015) “Regional House Price Dynamics in Taiwan”; Assistant Professor, Jiangxi University of Finance and Economics, PR China. (first supervisor)
Dr Dimitra Kavarnou (PhD completed 2015) “The Housing Markets of the Greek Islands”; Senior Research Associate, University of Cambridge, UK. (first supervisor)
Dr Linning Zhu (PhD completed 2016) "House Price Dynamics in Contemporary Urban China"; (second supervisor)

Steffen Heinig - Topic area: Real Estate Sentiment. (first supervisor)
Fangchen Zhang – Topic area: Real Estate Investment. (first supervisor)
Olayiwola O. Oladiran - Topic area: Housing Outcomes and Demographics. (first supervisor)
Shuai Shi – Topic area: World City Regions in China. (second supervisor)

Current Major Funded Projects

intelligent Care and Urban Living (Personalised Urban Living Solutions - PULS);
Economic Impact of Dubai Metro;

Publications

View a full list of Dr Anupam Nanda's Publications

Forthcoming

  1. "Does Real Estate Defy Gravity? An Analysis of Cross-Border Real Estate Investment Flows" (McAllister, P., Nanda, A.) Forthcoming at Review of International Economics. http://onlinelibrary.wiley.com/doi/10.1111/roie.12228/abstract
  2. "Do Laws Influence the Cost of Real Estate Brokerage Services? A State Fixed Effects Approach" (Nanda, A., Clapp, J., Pancak, K.) Forthcoming at Real Estate Economics. http://onlinelibrary.wiley.com/doi/10.1111/1540-6229.12124/abstract   
  3. “Which Factors Determine Transaction Activity Across US Metropolitan Office Markets?” (Devaney, S., McAllister, P., Nanda, A.) Forthcoming at Journal of Portfolio Management.
  4. "Doing Well by Talking Good: A Topic Modelling-assisted Discourse Study of Corporate Social Responsibility" (Jaworska, S., Nanda, A.) Forthcoming at Applied Linguistics.     http://applij.oxfordjournals.org/content/early/2016/06/03/applin.amw014.abstract  
  5. “Do Foreign Buyers Compress Office Real Estate Cap Rates?” (McAllister, P., Nanda, A.) Forthcoming at Journal of Real Estate Research.  Annual Nick Tyrrell Research Prize Winner for "Best Paper in Real Estate Investment, 2015".   http://pages.jh.edu/jrer/papers/abstract/forth/accepted/jrer_259(f150310R2).html                         A practitioner version published as: "Do Foreign Buyers Compress Office Real Estate Cap Rates?" (McAllister, P., Nanda, A.Investment Property Focus. The Journal of the Investment Property Forum, 29, Winter 2015, 2-6.
  6. “Which Factors Drive Rental Depreciation Rates for Office and Industrial Properties?” (Crosby, N., Devaney, S., Nanda, A.) Forthcoming at Journal of Real Estate Research.  http://pages.jh.edu/jrer/papers/abstract/forth/accepted/jrer_250(f140902R2).html
  7. "Institutional Convergence in Real Estate Markets: a Comparative Study of Brokerage Models and Transaction Costs" (Devaney, S., Livingstone, N., McAllister, P., Nanda, A.) Forthcoming at Journal of Real Estate Literature.

    2016

  8. "Energy Performance Ratings and House Prices in Wales: An Empirical Study" 2016 (Fuerst, F., McAllister, P., Nanda, A., Wyatt, P.) Energy Policy 92, May, 20–33 http://www.sciencedirect.com/science/article/pii/S0301421516300258 
  9. “International Transmission Mechanisms and Contagion in Housing Markets” (Nanda, A., Yeh, J.) World Economy 39(7) 1005–1024. http://onlinelibrary.wiley.com/doi/10.1111/twec.12288/abstract 
  10. “Information Content and Forecasting Ability of Sentiment Indicators: Case of Real Estate Market” 2016 (Marcato, G., Nanda, A.)  Journal of Real Estate Research. 38(2)    http://pages.jh.edu/jrer/papers/abstract/forth/accepted/jrer_231(f130303R3).html
  11. “Reflected Glory vs. Repulsive Envy: What Do the Smiths Feel About the House of the Joneses?” (Nanda, A., Yeh, J.) Asian Economic Journal. 30(3) 317–341.         http://onlinelibrary.wiley.com/doi/10.1111/asej.12095/full
  12. "Which Factors Determine Liquidity Across US Metropolitan Office Markets?" 2016 (Devaney, S., McAllister, P., Nanda, A.) published by Real Estate Research Institute (RERI), USAhttp://www.reri.org/research/article_pdf/2015_Devaney-McAllister-Nanda.pdf  
  13. "Unravelling Liquidity In International Commercial Real Estate Markets" 2016 (Devaney, S., Livingstone, N., McAllister, P., Nanda, A.) published by Investment Property Forum (IPF).     http://www.ipf.org.uk/resourceLibrary/unravelling-liquidity-in-international-commercial-real-estate-markets--march-2016--summary-report.html  

    2015

  14. “Does energy efficiency matter to home-buyers? An investigation of EPC ratings and transaction prices in England” 2015 (Fuerst, F., McAllister, P., Nanda, A., Wyatt, P.)  Energy Economics 48(March): 145–156. http://www.sciencedirect.com/science/article/pii/S0140988314003296
  15. "Does Foreign Investment Affect US Office Real Estate Prices?" 2015 (McAllister, P., Nanda, A.) Journal of Portfolio Management. 41(6): 38-47.   http://www.iijournals.com/doi/abs/10.3905/jpm.2015.41.6.038
  16. "Big Social Data and Political Sentiment: the Tweet Stream during the UK General Election 2015 Campaign" 2015 (Di Fatta, G., Reade, J.J., Jaworska, S., Nanda, A.Proceedings of the 8th IEEE International Conference on Social Computing and Networking (SocialCom 2015)
  17. “The Persistence of Distance: A Gravity Model of European Cross-Border Real Estate Development Flows” 2015. (Sherrin, C., McAllister, P., Nanda, A.Journal of Financial Management of Property and Construction,  20(2) 147 -169.  http://www.emeraldinsight.com/doi/10.1108/JFMPC-10-2014-0020  
  18. “Shared Ownership and Affordable Housing: a political solution in search of a planning justification?” 2015 (Nanda, A., Parker, G.) Planning Practice and Research, 30(1): 101–113. http://www.tandfonline.com/doi/full/10.1080/02697459.2015.1008801#abstract  
  19. “House Price Dynamics in Panama City” 2015 (D. Kavarnou, Nanda, A.), Journal of Real Estate Literature. 23(2) 315-334. http://aresjournals.org/doi/abs/10.5555/0927-7544.23.2.315
  20. “The Impact of Cross-border Real Estate Investment on Commercial Real Estate Capitalisation Rates” 2015 (McAllister, P., Nanda, A.) published by Real Estate Research Institute (RERI), USA. http://www.reri.org/research/files/2014funded_McAllister-Nanda.docx

    2014

  21. “Does Infrastructure Investment Stimulate Building Supply? Case of the English regions”. 2014. (Ball, M., Nanda, A.). Regional Studies. 48(3): 425-438.  http://www.tandfonline.com/doi/abs/10.1080/00343404.2013.766321   
  22. “Do Responsible Real Estate Companies Outperform Their Peers?” 2014. (Cajias, M., Fuerst, F., McAllister, P., Nanda, A.International Journal of Strategic Property Management. 18(1): 11-27. http://www.tandfonline.com/doi/abs/10.3846/1648715X.2013.866601;  Also a report published by The Royal Institution of Chartered Surveyors (RICS).
  23. “Which Attributes Influence the Housing Markets across the Greek Islands?” 2014 (D. Kavarnou, Nanda, A.), Journal of Real Estate Literature. 22(2). 233-260.   http://aresjournals.org/doi/abs/10.5555/reli.22.2.w884t143122u2601
  24. “Spatio-Temporal Diffusion of Residential Land Prices across Taipei Regions” 2014 (Nanda, A., Yeh, J.)  SpringerPlus 3:505.  doi:10.1186/2193-1801-3-505. http://www.ncbi.nlm.nih.gov/pmc/articles/PMC4174549/
  25. “Do Foreign Buyers Compress Office Real Estate Cap Rates?” 2014 (McAllister, P., Nanda, A.) published by DTZ Research Institute.  
  26. “Spatio-Temporal Diffusion of US Metropolitan House Prices” 2014 (Nanda, A., Yeh, J.) Conference proceedings, Regional Studies Association, Winter conference, 2014. ISBN: 978-1-897721-49-0; 140-149. 

    2013

  27. “Shared Ownership: Easy Wins but Hard Lessons?” 2013. (Nanda, A., Parker, G.). Town & Country Planning. 82(4): 178-182. 
  28. “Household Attributes and the Future Demand for Retirement Housing”. 2013. (Ball, M., Nanda, A.). International Journal of Housing Markets and Analysis.  6(1): 45 – 62. http://www.emeraldinsight.com/doi/full/10.1108/17538271311306002 
  29. “What Causes Commercial Properties to Depreciate?” 2013. (Crosby, N., Devaney, S., Nanda, A.), IP Real Estate, 22 November.  http://realestate.ipe.com/what-causes-commercial-properties-to-depreciate/59358.fullarticle 
  30. “Modelling Causes of Rental Depreciation for UK Office and Industrial Properties”. 2013.  (Crosby, N., Devaney, S., Nanda, A.). published by Investment Property Forum (IPF). https://www.ipf.org.uk/home/research/research_archive/default.aspx 
  31. “An investigation of the effect of EPC ratings on house prices”. 2013. (Fuerst, F., McAllister, P., Nanda, A., Wyatt, P.). published by Department of Energy & Climate Change, UK Government Agency. https://www.gov.uk/government/publications/an-investigation-of-the-effect-of-epc-ratings-on-house-prices 
  32. “Sectoral and Spatial Spillover Effects of Infrastructure Investment: A Case Study of Bengaluru, India”. 2013. (Nanda, A., Tiwari, P.). published by The Royal Institution of Chartered Surveyors (RICS).  http://www.isurv.com/site/scripts/download_info.aspx?fileID=5213   

    2012

  33. “The Impact of Property Condition Disclosure Laws on Housing Prices: Evidence from an Event Study Using Propensity Scores”. 2012. (Nanda, A., Ross, S.). The Journal of Real Estate Finance and Economics, 45(1): 88-109.  http://link.springer.com/article/10.1007%2Fs11146-009-9206-y 

    2011

  34. "Housing Markets and Independence in Old Age: Expanding the Opportunities”. 2011. (Ball, M, Blanchette, R., Nanda, A., Wyatt, P., Yeh, J.). http://www.mccarthyandstone.co.uk/documents/research%20and%20policy/oorh%20full%20report%20may%202011.pdf    

    2010

  35. “Real Estate Brokers’ Duties to Their Clients: Why Some States Mandate Minimum Service Requirements”. 2010. (Nanda, A., Pancak, K.). Cityscape: A Journal of Policy Development and Research. 12(2): 105-126.  US Department of Housing and Urban Development (HUD), PD&R. https://www.huduser.gov/portal/periodicals/cityscpe/vol12num2/ch6.pdf   

    2008

  36. “Property Condition Disclosure Law: Why Did States Mandate ‘Seller Tell All’?” 2008. (Nanda, A.). The Journal of Real Estate Finance and Economics, 37(2): 131-146. http://link.springer.com/article/10.1007%2Fs11146-007-9057-3 
  37. “Which School Attributes Matter? The Influence of School District Performance and Demographic Composition on Property Values”. 2008. (Clapp, J., Nanda, A., Ross, S.) Journal of Urban Economics, 63(2): 451-466.  http://www.sciencedirect.com/science/article/pii/S0094119007000344 

    2007

  38. “Examining the NAHB/Wells Fargo Housing Market Index (HMI)”. 2007. (Nanda, A.). Housing Economics. National Association of Home Builders (NAHB), Washington DC.