Publications
RESEARCH PAPERS
Publication in Peer-Reviewed Journals
- Das, P., Füss, R.; Hanle, B. & Russ, I. (2020). ‘The Cross-Over Effect of Irrational Investor Sentiments in Commercial and Residential Real Estate Markets.’ Journal of Banking and Finance, [SSCI] Vol 114
- Das, P. & Freybote, J. (2020). ‘Investor Sentiment and Prepayment Hazard: The Case of Multifamily MBS Loans’ Journal of Real Estate Research, [SSCI] Forthcoming
*Won Practitioner Research (Conference) Award, American Real Estate Society (2019)
*Won the Best Paper (Conference) Award, American Real Estate Society (2017)
- Poretti, C. & Das, P. (2020). ‘What Explains Differing Holding Periods Across Hotel Investments? A Hazard Rate Framework’. International Journal of Hospitality Management, [SSCI] Vol 89
- Blengini, I. & Das, P. (2020). ‘Why A New Name? The Role of Asset Characteristics and Broad Market Trends in Predicting Brand Affiliation Change in Hotels.’ Cornell Hospitality Quarterly, [SSCI]. Forthcoming
- Das, P., Coulson, E. & Ziobrowski, A., (2019) ‘Caste, Faith and Gender: Determinants of Homeownership in India’. Journal of Real Estate Finance & Economics, [SSCI] 59 (1) pp 27-55.
- Das, P.; Smith, P. & Gallimore, P. (2018). ‘Pricing Extreme Attributes in Commercial Real Estate: The Case of Hotel Transactions’. Journal of Real Estate Finance & Economics, 57 (2), pp 264-296 [SSCI]
*Earlier version won the Nambiar Developers Best Paper Award in Real Estate at the Asian Real Estate Society Conference (2016), Bangalore
- Das, P., Ziobrowski, A., & Coulson, E. (2015). Online information search, market fundamentals and apartment real estate. Journal of Real Estate Finance and Economics, 51(4), pp 480-502. [SSCI]
*Earlier version won the Best Paper (Conference) Award, American Real Estate Society
- Das, P. (2015). Revisiting the Hotel Capitalization Rate, International Journal of Hospitality Management, 46 (2015) 151–160. [SSCI]
- Das, P., Freybote, J., & Marcato, G. (2015). An investigation into sentiment-induced institutional trading behavior and asset pricing in the REIT market. Journal of Real Estate Finance and Economics, 51(2) pp 160-189. [SSCI]
- Sah, V., Zhou, X., & Das, P. (2015). Does index addition add any new information? Evidence from REIT dividend forecasts. Journal of Property Research, 32(1), 33-49.
- Chinloy, P., Das, P., & Wiley, J. A. (2014). Houses and apartments: similar assets, different financials*. Journal of Real Estate Research, (lead article) 36(4), 409-433. [SSCI]
*Won the Best Paper of the Year (Journal) Award, 2015
- Das, P., & Wiley, J. A. (2014). Determinants of premia for energy-efficient design in the office market. Journal of Property Research, 31(1), 64-86.
*Won the Best Paper (Conference) Award, American Real Estate Society
Other peer-reviewed Journal Publications
- Frutig, B. & Das, P. (2020). ‘Does Geographic Diversification Reduce Systematic Risk in Hotel REITs?’ Journal of Hospitality Financial Management 28(1). Forthcoming
- Das, P., Blal, I. & Freybote, J. (2020). ‘The Importance of Micro-Location for Pricing Real Estate Assets. Journal of Real Estate Portfolio Management. Forthcoming
- Das, P. & Thomas, C.R. (2016). ‘Strategic Development of REITs in India. Journal of Real Estate Literature, Vol 24 No. 1 pp 105-131.
- Low, W.; Das, P. & Piffaretti, C. (2016). ‘The Role of Hotels in Mixed Asset Portfolios: Revisiting the Asset-Heavy versus Asset-Light Debate’. International Journal of the Built Environment and Asset Management, 1(4), 273-292.
- Robinson, S.; Singh, A.J. & Das, P. (2016), ‘Financial Impact of LEED and Energy Star Certifications on Hotel Revenues’. Journal of Hospitality Financial Management.
*Won Practitioner Research (Conference) Award, American Real Estate Society (2016)
*Won the Best Paper (Conference) Award, American Real Estate Society (2015)
- Das, P., & Ziobrowski, A. (2015). The relationship between Indian realty stocks and online searches. Journal of Emerging Market Finance, (lead article) 14(1), 1-19
- Das, P., Sah, V., Sharma, D., Singh, V., & Galuppo, L. (2013). Real Estate Development Process in India. Journal of Real Estate Literature, 21(2), 271-292.
- Das, P., Tidwell, A., & Ziobrowski, A. (2011). Dynamics of green rentals over market cycles: Evidence from commercial office properties in San Francisco and Washington DC. Journal of Sustainable Real Estate, lead article, 3(1), 1-22.
Publications in practitioner-oriented journals
- Das, P., Kozorez, E. and Thakare, R. (2020). How to Address the Sensitivity of Commercial Real Estate Valuation to Holding Period. Real Estate Finance. Forthcoming
- Agarwal, M. & Das, P. (2019). Green Hotels: An Overview. Boston Hospitality Review (peer-reviewed). Winter 2019
Books / Chapters
- Book (co-edited): ‘Real Estate in South Asia,’ (edited volume) with R. Aroul & J. Freybote, Routledge Publications, UK, 2019
- Book chapter [peer reviewed]: ‘Economics of Real Estate Knowledge in South Asia: Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan & Sri Lanka’ with P. Varga & E M’Seddi
- Book chapter [peer reviewed]: ‘REITs in India: A Story Still Unfolding’ with C.Thomas
- Book chapter [peer reviewed]: ‘A Macroeconomic Summary of South Asia: A Real Estate Perspective: Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan & Sri Lanka’ with Y. Chen
- Book (co-authored): ‘Real Estate Finance in India,’ with D. Sharma, SAGE, India, 2014
- Book Chapter [peer-reviewed]: ‘Minimizing the Cost of Capital in Hotel Investments’, with G. Bodenmann, Book: Holistic Optimization Techniques in the Hospitality, Tourism, and Travel Industry, IGI Global Publishers, USA, 2017
- Book Chapter: ‘Residential Real Estate in China, Past, Present & Future’, Book: Corporate Counsel's Guide to Doing Business in China, Thomson West Reuters Press, USA, 2009
Consulting
- 2018: Developed Natural Vacancy Rate Indices across global markets for STR (London, UK & Nashville, USA): STR London
- 2012: Conducted a study of real estate credit rating system in the United States for Korea Research Institute for Human Settlements, with V. Singh
Faculty / Management Development Workshops
- 2019 (Sep): ‘Integration of Retail Business in Multi-Use Real Estate Development’. EHL Lausanne
Audience: HEMBA Senior executive cohort, CEIBS
- 2019 (Dec): ‘How to Develop Courses that Matter.’ EHL Lausanne
Audience: Faculty members. Guilin Tourism University, China
- 2019 (Mar): ‘Financial Agility for Hotel Managers.’ Coworth Park/ London (UK)
Audience: Directors of Finance from global Dorchester Collection Luxury Hotels facilities
International / Industry Engagements
- Co-authored a white paper on Hotel Valuation for the Royal Inst. of Chartered Surveyors, Switzerland
- Invited by the Securities and Exchange Board of India to critique the REIT regulation, Mumbai, 2015
- Invited for feedback on the business school at Jaypee Business School, Noida (India), August 2017
SERVICES
Board Memberships
- Member- Editorial Board: Journal of Property Research (Taylor & Francis, UK), June 2020-onwards
- Member- Editorial Board: Journal of Sustainable Real Estate (Taylor & Francis, UK), Jan 2020-onwards
- Member of the Academic Board: @ EHL Lausanne: 2018-onwards
- Invited to serve on the Advisory Board of a US-based Hotel Fund (to be launched), USA, 2018
Journal Refereeing
[Ranked globally top 5% of referees (by merit) | Publons, a peer review sharing platform]
Journal of Real Estate Finance and Economics ● Journal of Real Estate Research ● Journal of Property Research ● Real Estate Economics ● Journal of Regional Sciences ● Urban Studies ● Tourism Management ● International Journal of Hospitality Management ● International Journal of Built Environment and Asset Management ● Cornell Hospitality Quarterly ● Journal of Real Estate Portfolio Management ● International Journal of Housing Markets and Analysis ● Journal of Behavioral and Experimental Finance ● Sustainability ● International Journal of Contemporary Hospitality Management ● Acta Structilia ● Routledge Publications, U.K. (for book proposals) ● IIM Ahmedabad Case Center
Invited Scientific Jury Services
- Best manuscript award jury member (specific category), ARES, 2017
- Best manuscript award jury member (specific category), ARES, 2016
- Best manuscript award jury member (specific category), ARES, 2014
- Best manuscript award jury member (specific category), ARES, 2013
Leadership SERVICES
- Acting Director: Real Estate, Finance & Economics Institute @ EHL Lausanne: 2018-onwards
- Led & delivered executive education workshops
- Set up an International Board of Advisors
- Organized webinars
- Facilitated index development by the school
- Co-Convener: HFE Conference @ EHL Lausanne, 2020 (Canceled due to COVID-19) and 2019
- Area Chair- Lodging Real Estate: American Real Est. Soc. 2020 (Canceled due to COVID-19)
- Session Chair
- European Real Estate Society Conference, ESSEC Paris (2019)
- American Real Estate Society Conference, Bonita Springs FL (2018)
Invited Keynote Lectures / Speeches
- ‘Three Mantras of Success’, Bachelors’ Graduation Speech, EHL Switzerland, Jul 24 2020
- ‘Five Common Mistakes in Hotel Valuation’ (Keynote), RICS Switzerland, Zürich, Jan 2020
- ‘Pricing Anything in Commercial Real Estate’ (Keynote), NMIMS Mumbai, Dec 2019
- ‘Hedonic Valuation for Commercial Real Estate’ (Keynote), RICS SBE Mumbai, Aug 2019
- ‘Hotel Valuation using Hedonic Models’ (Keynote), RICS Switzerland, Bern, Oct 2018
- ‘Pursuit of Wealth’ (Keynote), Exec. MBA Graduation Speech, EHL Switzerland, Aug 2018
- ‘Pursuit of Happiness’ (Keynote), Exec. MBA Graduation Speech, EHL Switzerland, Aug 2017
- ‘Pricing Anything in Commercial Real Estate’ (Keynote), RICS School, Noida, India, 2017
- ‘A Primer on Real Estate for Architects’ (Keynote), IIT Roorkee, Jan. 2015
Invited Seminars
- ‘Behavioral Explanation to Spatial Dependence’(Seminar), Univ. of Reading (UK), Feb 2020
- ‘Behavioral Explanation to Spatial Dependence’(Seminar), Univ. of Manchester (UK), Feb 2020
- ‘Behavioral Explanation to Spatial Dependence’ (Seminar), IIM Bangalore, Dec 2018
- ‘Determinants of Homeownership in India’ (Seminar), IIM Bangalore, 2013
Webinars
- ‘Covid19: Hotels and Commercial Real Estate’, Indian School of Hospitality, Apr 2020
- Host: ‘Commercial Real Estate in the Covi-19 Era’, REFE Institute (EHL Lausanne), Apr 2020