Professor Pat McAllister

Professor of Real Estate

Professor Pat McAllister

Professor Pat McAllister

HBS 222, Whiteknights Campus
p.m.mcallister@reading.ac.uk
+44 (0) 118 378 6340

Biography

Profile

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, Heriot-Watt University and Oxford Brookes University. 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. Recently, he has undertaken research projects for ESRC, IPF, DECC and DCLG focussing on development viability and planning obligations and house prices and energy performance.  He has published extensively on the relationship between the financial and the environmental performance of commercial and residential buildings. 

Qualifications

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

Specialisms

Real estate appraisal; sustainable real estate; development viability appraisal 

Selected Research Grants

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.

 

Publications

View a full list of Pat McAllister's Publications 

Key Publications

McAllister, P. and Nanda, A, Does Foreign Investment Affect US Office Real Estate Prices?  Journal of Portfolio Management, forthcoming

Sherrin, C., McAllister, P. and Nanda, A. The Persistence of Distance: A Gravity Model of Cross-Border Real Estate Development Flows, Journal of Financial Management in Property and Construction, in press

McAllister, P., Street, E. and Wyatt, P. Governing Calculative Practices: An Investigation of Development Viability Modelling in the English Planning System, Urban Studies, in press

Fuerst, F., McAllister, P., Nanda, A. and Wyatt, P. Is Energy Efficiency Priced in the Housing Market? Some Evidence from the United Kingdom, Energy Economics, in press

Fuerst, F. McAllister, P and Sivitanides, P.  Flight to Quality? An Investigation of the Price Spreads in Commercial Real Estate Markets, Studies in Economics and Finance, in press

Fuerst, F., Kontokosta, C. and McAllister, P. (2014) Spatial Determinants of Green Building Adoption, Environment and Planning B, 41, 551-570.