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Multivariate Analysis of the Condition of the Property Development Sector: Selected Local Real Estate Markets in the European Union

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  • Iwona Forys

    (University of Szczecin)

  • Malgorzata Tarczynska-Luniewska

    (University of Szczecin)

Abstract

The aim of the study is to serve as a multidimensional analysis of relationships between the economic and financial standing of property developers and the residential property market situation. The discussion concerns the property development market situation in the context of the construction market situation, with particular emphasis on residential housing investment in selected EU countries. Property development companies whose activities focused on residential housing were assessed with respect to performance in the selected market on the stock exchange. Individual companies were classified using economic and financial indices. Despite the ongoing economic downturn in real estate markets, the results for these companies did not indicate poor performance on the stock exchange. In the study, a synthetic measure of development was used in linear ordering.

Suggested Citation

  • Iwona Forys & Malgorzata Tarczynska-Luniewska, 2018. "Multivariate Analysis of the Condition of the Property Development Sector: Selected Local Real Estate Markets in the European Union," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 24(1), pages 1-15, February.
    • Handle: RePEc:kap:iaecre:v:24:y:2018:i:1:d:10.1007_s11294-018-9665-0
    DOI: 10.1007/s11294-018-9665-0
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    References listed on IDEAS

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    1. Edward I. Altman, 1968. "Financial Ratios, Discriminant Analysis And The Prediction Of Corporate Bankruptcy," Journal of Finance, American Finance Association, vol. 23(4), pages 589-609, September.
    2. Edward I. Altman, 1968. "The Prediction Of Corporate Bankruptcy: A Discriminant Analysis," Journal of Finance, American Finance Association, vol. 23(1), pages 193-194, March.
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    Cited by:

    1. Krzysztof Kafarski & Jan K. Kazak, 2022. "Erasmus Staff Mobility in the Building of a European Network: The Case of a Central European University," Sustainability, MDPI, vol. 14(9), pages 1-15, April.

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