Professor Sotiris Tsolacos

Professor of Real Estate

Bayes Business School, Faculty of Finance

Contact

Visit Sotiris Tsolacos

Room BR5087, Bunhill Row

Postal address

Bayes Business School
106 Bunhill Row
London
EC1Y 8TZ
United Kingdom

Publications

Books (2)

  1. Andrew, M. and Tsolacos, S. (2020). Applied Quantitative Analysis for Real Estate. Oxon: Routledge. ISBN 978-1-138-56133-5.
  2. Brooks, C. and Tsolacos, S. (2010). Real Estate Modelling and Forecasting. Cambridge University Press. ISBN 978-0-521-87339-0.

Chapter

  1. Mitrakos, T., Vlachostergiou, V. and Tsolacos, S. (2013). The Greek REIT Industry: Current State and Its Post Crisis Evolution. Real Estate Investment Trusts in Europe (pp. 209–223). Springer Berlin Heidelberg. ISBN 978-3-642-36855-4.

Journal articles (47)

  1. Tsolacos, S. and Lux, N. (2022). Modelling credit spreads on commercial mortgage loans. Journal of European Real Estate Research, 15(3), pp. 332–350. doi:10.1108/jerer-04-2021-0022.

    [publisher’s website]

  2. Tsolacos, S. (2020). Which sentiment indicators matter? An analysis of the European commercial real estate market. Journal of Real Estate Research. doi:10.1080/08965803.2020.1845562.
  3. Yin, C., Ward, C. and Tsolacos, S. (2018). Motivated monitoring: The importance of the institutional investment horizon. International Review of Financial Analysis, 60, pp. 197–212. doi:10.1016/j.irfa.2018.08.011.

    [publisher’s website]

  4. Kim, K.-.M., Kim, G. and Tsolacos, S. (2018). How does liquidity in the financial market affect the real estate market yields? Journal of Property Investment & Finance. doi:10.1108/JPIF-03-2018-0020.
  5. Tsolacos, S. (2014). A prolonged financial crisis: adjustments and prospects in Eurozone's southern markets. Journal of Property Investment & Finance, 32(1), pp. 94–102. doi:10.1108/jpif-11-2013-0065.

    [publisher’s website]

  6. Tsolacos, S., Brooks, C. and Nneji, O. (2014). On the predictive content of leading indicators: The case of U.S. Real estate markets. Journal of Real Estate Research, 36(4), pp. 541–574.
  7. Tsolacos, S. (2012). The role of sentiment indicators for real estate market forecasting. Journal of European Real Estate Research, 5(2), pp. 109–120. doi:10.1108/17539261211250690.

    [publisher’s website]

  8. Tsolacos, S., Kim, K. and Peng, R. (2009). Panel modelling of retail yields in Asia‐Pacific cities. Journal of Property Investment & Finance, 27(3), pp. 224–237. doi:10.1108/14635780910951948.

    [publisher’s website]

  9. Brooks, C. and Tsolacos, S. (2008). Integration of international office markets and signal extraction. Journal of Real Estate Portfolio Management, 14(4), pp. 351–361.
  10. Tsolacos, S. (2006). An assessment of property performance forecasts: consensus versus econometric. Journal of Property Investment & Finance, 24(5), pp. 386–399. doi:10.1108/14635780610691896.

    [publisher’s website]

  11. Tsolacos, S., McGough, T. and Thompson, B. (2005). Affordability and performance in the industrial property market. Journal of Property Investment & Finance, 23(4), pp. 311–328. doi:10.1108/14635780510602390.

    [publisher’s website]

  12. Almond, N. and Tsolacos, S. (2005). An Empirical Study of the UK Private Investor Market. Journal of Property Research, 22(2-3), pp. 97–114. doi:10.1080/09599910500453954.

    [publisher’s website]

  13. D’Arcy, É. and Tsolacos, S. (2005). The European Real Estate Society: ten years of constructive engagement. Journal of Property Investment & Finance, 23(1). doi:10.1108/jpif.2005.11223aaa.001.

    [publisher’s website]

  14. Krystalogianni, A. and Tsolacos, S. (2004). Regime switching in yield structures and real estate investment. Journal of Property Research, 21(4), pp. 279–299. doi:10.1080/09599910500182108.

    [publisher’s website]

  15. Krystalogianni, A., Matysiak, G. and Tsolacos, S. (2004). Forecasting UK commercial real estate cycle phases with leading indicators: a probit approach. Applied Economics, 36(20), pp. 2347–2356.
  16. Matysiak, G. and Tsolacos, S. (2003). Identifying short‐term leading indicators for real estate rental performance. Journal of Property Investment & Finance, 21(3), pp. 212–232. doi:10.1108/14635780310481658.

    [publisher’s website]

  17. Brooks, C. and Tsolacos, S. (2003). International evidence on the predictability of returns to securitized real estate assets: econometric models versus neural networks. Journal of Property Research, 20(2), pp. 133–155. doi:10.1080/0959991032000109517.

    [publisher’s website]

  18. Ball, M. and Tsolacos, S. (2002). UK commercial property forecasting: the devil is in the data. Journal of Property Research, 19(1), pp. 13–38. doi:10.1080/09599910110110699.

    [publisher’s website]

  19. Brooks, C. and Tsolacos, S. (2001). Linkages between property asset returns and interest rates: evidence for the UK. Applied Economics, 33(6), pp. 711–719. doi:10.1080/00036840122812.

    [publisher’s website]

  20. Thompson, B. and Tsolacos, S. (2001). Industrial Land Values — A Guide to Future Markets? Journal of Real Estate Research, 21(1/2), pp. 55–76.
  21. Brooks, C. and Tsolacos, S. (2001). Forecasting real estate returns using financial spreads. Journal of Property Research, 18(3), pp. 235–248. doi:10.1080/09599910110060037.

    [publisher’s website]

  22. Brooks, C., Katsaris, A., McGough, T. and Tsolacos, S. (2001). Testing for bubbles in indirect property price cycles. Journal of Property Research, 18(4), pp. 341–356. doi:10.1080/09599910110079640.

    [publisher’s website]

  23. Brooks, C., Tsolacos, S. and Lee, S. (2000). The cyclical relations between traded property stock prices and aggregate time‐series. Journal of Property Investment & Finance, 18(6), pp. 540–564. doi:10.1108/14635780010357532.

    [publisher’s website]

  24. McGough, T., Tsolacos, S. and Olkkonen, O. (2000). The predictability of office property returns in Helsinki. Journal of Property Investment & Finance, 18(6), pp. 565–585. doi:10.1108/14635780010357541.

    [publisher’s website]

  25. Brooks, C. and Tsolacos, S. (2000). Forecasting Models of Retail Rents. Environment and Planning A: Economy and Space, 32(10), pp. 1825–1839. doi:10.1068/a3332.

    [publisher’s website]

  26. Brooks, C. and Tsolacos, S. (2000). Forecasting Models of Retail Rents. , 32(10), pp. 1825–1839.
  27. D'Arcy, E. and Tsolacos, S. (2000). Property research in Europe: moving forward through engagement. Journal of Property Investment & Finance, 18(3). doi:10.1108/jpif.2000.11218caf.001.

    [publisher’s website]

  28. Brooks, C. and Cos, S.T. (2000). Does orthogonalization really purge equitybased property valuations of their general stock market influences? Applied Economics Letters, 7(5), pp. 305–309. doi:10.1080/135048500351447.

    [publisher’s website]

  29. Thompson, R. and Tsolacos, S. (2000). Projections in the Industrial Property Market using a Simultaneous Equation System. Journal of Real Estate Research, 19(2), pp. 165–188.
  30. Tsolacos, S. and McGough, T. (1999). Rational Expectations, Uncertainty and Cyclical Activity in the British Office Market. Urban Studies, 36(7), pp. 1137–1149. doi:10.1080/0042098993132.

    [publisher’s website]

  31. Tsolacos, S. (1999). Retail Building Cycles: Evidence from Great Britain. Journal of Real Estate Research, 18(1), pp. 197–218.
  32. Brooks, C. and Tsolacos, S. (1999). The impact of economic and financial factors on UK property performance. Journal of Property Research, 16(2), pp. 139–152. doi:10.1080/095999199368193.

    [publisher’s website]

  33. McGough, T. and Tsolacos, S. (1999). Interactions within the Office Market Cycle in Great Britain. Journal of Real Estate Research, 18(1), pp. 219–232.
  34. Thompson, B. and Tsolacos, S. (1999). Rent Adjustments and Forecasts in the Industrial Market. Journal of Real Estate Research, 17(2), pp. 151–168.
  35. D'Arcy, E., McGough, T. and Tsolacos, S. (1999). An econometric analysis and forecasts of the office rental cycle in the Dublin area. Journal of Property Research, 16(4), pp. 309–321. doi:10.1080/095999199368067.

    [publisher’s website]

  36. Tsolacos, S., Keogh, G. and McGough, T. (1998). Modelling Use, Investment, and Development in the British Office Market. Environment and Planning A: Economy and Space, 30(8), pp. 1409–1427. doi:10.1068/a301409.

    [publisher’s website]

  37. Tsolacos, S., Keogh, G. and McGough, T. (1998). Modelling Use, Investment, and Development in the British Office Market. , 30(8), pp. 1409–1427.
  38. Tsolacos, S. (1998). Econometric modelling and forecasting of new retail development. Journal of Property Research, 15(4), pp. 265–283. doi:10.1080/095999198368293.

    [publisher’s website]

  39. McGough, A.J. and Tsolacos, S. (1997). The Stylised Facts of the UK Commercial Building Cycles. Environment and Planning A: Economy and Space, 29(3), pp. 485–500. doi:10.1068/a290485.

    [publisher’s website]

  40. McGough, A.J. and Tsolacos, S. (1997). The stylised facts of the UK commercial building cycles. Environment and Planning A, 29(3), pp. 485–500.
  41. D'Arcy, E., McGough, T. and Tsolacos, S. (1997). National economic trends, market size and city growth effects on European office rents. Journal of Property Research, 14(4), pp. 297–308. doi:10.1080/095999197368546.

    [publisher’s website]

  42. Tsolacos, S. (1997). A case study of industrial property development in South Hampshire. Journal of Property Research, 14(3), pp. 211–236. doi:10.1080/095999197368618.

    [publisher’s website]

  43. Tsolacos, S. (1995). Industrial property development in the UK: A regional analysis of new orders. Journal of Property Research, 12(2), pp. 95–125. doi:10.1080/09599919508724135.

    [publisher’s website]

  44. Tsolacos, S. (1995). An Econometric Model of Retail Rents in the United Kingdom. Journal of Real Estate Research, 10(5), pp. 519–530.
  45. Latham, J. and Tsolacos, S. (1994). Book Reviews. The Service Industries Journal, 14(2), pp. 296–298. doi:10.1080/02642069400000034.

    [publisher’s website]

  46. Giussani, B. and Tsolacos, S. (1994). Investment in industrial buildings: Modelling the determinants of new orders. Journal of Property Research, 11(1), pp. 1–15. doi:10.1080/09599919408724098.

    [publisher’s website]

  47. Tsolacos, S., Lee, S. and Tse, H. ‘SPACE-AS-A-SERVICE’: A PREMIUM TO OFFICE RENTS? Journal of European Real Estate Research.

Scholarly editions (9)

  1. Heinig, S., Nanda, A. and Tsolacos, S. (2020). Which Sentiment Indicators Matter? Evidence from the European Commercial Real Estate Market.
  2. Tsolacos, S. and Kim, K.-.M. (2015). The Role of Liquidity In Forecasting Office Yields In Europe.
  3. Mitrakos, T., Akantziliotou, C., Vlachostergiou, V. and Tsolacos, S. (2014). Exploring the determinants of residential property values in a crisis: evidence from Greece.
  4. Tsolacos, S. and Brooks, C. (2013). Forecasting Turning Points in Real Estate Yields.
  5. Kavarnou, D., Nanda, A. and Tsolacos, S. (2013). A Hedonic Model of House Prices in the Greek Islands.
  6. Tsolacos, S. (2010). PANEL ESTIMATES OF OFFICE RISK PREMIA IN EUROPE.
  7. Tsolacos, S. and Brooks, C. (2007). The Integration of European and US Real Estate Markets.
  8. Tsolacos, S. (2007). The Synchronisation of European Office Cycles.
  9. Krystalogianni, A., Matysiak, G.A. and Tsolacos, S. (2002). Tracking Property Performance Using Leading Indicators: A Prebit Approach.