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The Flight-to-Quality in Office Real Estate: Evidence from London
property-law-and-real-estateregional-economicssocial-and-behavioral-sciencesurban-studies-and-planning
We examine how the performance of higher-quality offices in London evolved following the Covid-19 pandemic, relative to lower-quality stock. Using submarket-year data from CoStar spanning 2003–2025, together with the CoStar Building Rating System, we implement a difference-in-differences framework c
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