Staff Profile:Professor George Matysiak

Name:

Professor George Matysiak

Job Title:

Professor of Real Estate & Investment

Responsibilities:

Areas of Interest:

George's career has spanned both the public and private sectors, including the position of senior property researcher with Prudential Portfolio Managers and Associate Director with CB Richard Ellis. His area of experience is in real estate investment and specialist areas of expertise include: portfolio risk management, valuation accuracy and performance measurement, real estate pricing, application of simulation and appropriate discount rates in property pricing, modelling and forecasting of commercial property markets, investment strategy and Central and Eastern European real estate markets.

George has acted and continues to act as a consultant to a number of commercial organisations on forecasting and investing in commercial real estate markets. Current on-going research includes: modelling commercial property markets in the CEE region, evaluation of forecasting accuracy in real estate, real estate portfolio performance & risk and leading indicators.

George has published in property journals on financial investment aspects and property modelling/forecasting, being awarded the best published paper on two occasions by the Journal of Property Investment and Finance. George is joint author of the textbook Real Estate Investment: A Capital Market Approach. He is a member of editorial boards of the Journal of Property Research and Journal of Property Investment and Finance. George is an external examiner at the School of Economics and Management (ISEG), Technical University of Lisbon. Professional affiliations include membership the Investment Property Forum and membership of the Institute and Faculty of Actuaries property focus group.

Research groups / Centres:

Centre for Real Estate Research

Publications:

Qualifications:

MSc, PGDE, Associate Pensions Management Institute

Selected Publications:

• McAllister, P., Newel, G. and Matysiak, G. (Forthcoming) Agreement and accuracy in consensus forecasts in the UK. Journal of Property Research.
• Booth, P. and Matysiak, G. (2004) How Should Unsmoothing Affect Pension Plan Asset Allocation? Journal of Property Investment and Finance, 22(6), 472-483.
• Krystalogianni, A., Matysiak, G.A. and Tsolacos, S. (2003) Forecasting UK Commercial Real Estate Cycle Phases with Leading Indicators: A Probit Approach. Applied Economics, 36(20), 2004, 2347-2356.
• Matysiak, G. and Tsolacos, S. Identifying Short-term Leading Indicators for Real Estate Rental Performance. (2003) Journal of Property Investment & Finance, 21(3), 212-232.
• Booth, P., Matysiak, G. and Ormerod, P. (2002) Risk Measurement and Management for Real Estate Portfolios. Report for the Investment Property Forum, London: IPF.

Recent External Work and Consultancy Projects:

• Expert witness in the High Court, London, on discount rates in valuing leased airport land (2007).
• Report for the Valuation Office Agency on de-capitalisation rates for rating purposes (2008).
• Report (co-authored with Franz Fuerst) for INREV on the drivers of investment performance for unlisted property funds (2008).

Affiliations:

• Editorial Board, Journal of Property Research
• Editorial Board, Journal of Property Investment and Finance
• Institute & Faculty of Actuaries, Member of Property Focus Group
• Member, Society of Business Economists
• Member, Royal Economic Society
• Member, Investment Property Forum
• Member, American Real Estate Society
• Pensions Management Institute
• IPF Advanced Education Programme, Module leader
• University of Antwerp Management School, Visiting Professor.