The Real Estate Research Institute (RERI)

The Real Estate Research Institute is a non-profit organization created to stimulate high quality research on real estate investment performance and market fundamentals that will elevate the quality of real estate decision making. The Institute's mission is to encourage research that applies academic theory and analytic techniques to real estate investment decision-making.

RERI's mission is closely aligned with PREA's mission to serve its members engaged in institutional real estate investment through the sponsorship of objective forums for education, research initiatives, membership interaction and the exchange of information.

The relationship between PREA and RERI began in 1991, when PREA became a sustaining sponsor. PREA encourages the support of RERI and their research efforts. Today, RERI also receives sponsorship from many PREA member firms. For more information about RERI, visit their Web site at

Papers presented at the 2023 RERI Conference:

Tenant Satisfaction and Commercial Building Performance
Juan Palacios
Nils Kok, Minyi Hu

Good versus Bad Networking in Private Equity Pension Fund Investment
Da Li
Timothy Riddiough

The Impact of Environmental, Social and Governance (ESG) Attributes on the Performance of Listed Real Estate in Europe: A Quantitative Investigation
Daniel Lo
Michael McCord
Martin Haran

The Price Effects of Natural Peril Risks
Edward Pierzak
Yanling Mayer
Justin Brolley

Identifying Agglomeration Spillovers: Evidence from Grocery Store Openings
Franklin Qian
Qianyang Zhang
Xiang Zhang

Creating a Green Building Ecosystem: The Impact of Local Sustainability Policies
Meagan McCollum
Stanimira Milcheva

Commercial Real Estate Pricing Dynamics: A Machine Learning Analysis
Benedict von Ahlefeldt-Dehna
Eli Berachab
Juergen Deppnera
Wolfgang Schaefersa

To search all RERI funded papers, click here. Administrative functions of the Institute are housed at the Pension Real Estate Association headquarters in Hartford, CT.