Blog
Insights and updates from our team
The Compass: Finding longitude in the discount rate
Location is the least quantified input in a real estate discount rate. The KR&A Connectivity Score adds consistent, comparable evidence for it, informing valuation and committee papers without replacing judgement. For AVMs, it could sharpen the location adjustment where transaction evidence is thin. Its weighting can be adapted by market, rather than applying one global algorithm to every city....
Gulliver Revisited: A Cautionary Tale of AVMs
Introduction Often, I have dreamed of retracing and revisiting the islands described in “Travels into Several Remote Nations of the World” by Jonathan Swift, first published in 1726. In the book,......
Tourism-driven gentrification in Europe: An unseen accelerator of city change
European Gentrification Series II, Part 3 Tourism as a catalyst for urban change While classic gentrification theory revolves around residential mobility, reinvestment dynamics, and economic......
Inside the Data Pipeline: How We Built a Framework for Identifying Emerging Locations
European Gentrification Series II Part 2 Overcoming the challenge of inconsistent urban data The main challenge when trying to model gentrification lies not in the theory but in the data.......
AVMs, Hyper-Local Data, and Stabilized Value
A Compass for the Automated age In the first blog we explored several themes, arguing for more human intelligence, pi-shaped people, and governance and oversight of AI-driven AVM models. In the blog......
A Data Scientist’s Approach to European Gentrification
European Gentrification Series II Part 1 This new series of articles expands upon the work we have done in understanding the dynamics of the city with more attention to methodology than we have......
Has a Kafka dreadnaught of AI-Driven Real Estate AVM awakened?
An in-depth analysis of how REITs are adapting to the new interest rate landscape and what it means for investors seeking real asset exposure....
From Weeks to Hours: Automating REIT Portfolio Extraction
One of the core products at KR&A is the REIT portal, which covers over a hundred real asset funds, listed and private, based on asset-by-asset analyses. The assets of funds covered by the portal are......
From Air Quality Data to Investment-Grade Insight
The Real Estate & Air Quality Series: Part 2 In Part 1, we showed that air pollution is not only a public health issue but also an economic factor that affects real estate performance. Academic......
Air Pollution and its Impact on Real Estate and Well-Being
The Real Estate & Air Quality Series: Part 1 Air pollution is usually talked about as a public health or environmental issue, but recent research shows that it also has clear economic effects,......
Scaling Intelligence Across Markets
European Gentrification Series Part 4 The holy grail of real estate investment has always been a model that works across different cities and countries. Our research demonstrates that while a......
How Behavioral Dynamics Drive Property Markets
European Gentrification Series Part 3 Traditional real estate models treat neighborhoods as static entities, analyzing historical trends to predict future values. But cities are living systems where......
From Streetview to Street Value
Intra-City Attraction Dynamics Series part 2 What if you could walk through every street in a city, evaluating greenery, facades, and pedestrian infrastructure, not just today, but tracking changes......
Hyperlocal European Gentrification
Intra-City Attraction Dynamics Series Part 1 The next episodes of our Intra-City Attraction Dynamics Series will be: From Streetview to Street Value How Behavioral Dynamics Drive Property Markets......
Why 2025 Is the Year to Explore AI-Native Workflows in Real Estate
Why 2025 Is the Year to Explore AI-Native Workflows in Real Estate The real estate investment world is at an inflection point: AI Agents are no longer hypothetical. They’re operational — and already......
Mitigate Dangers of AI Agents
AI agents are fantastic tools, they save a lot of time — in our often very busy schedules. We believe that well-set-up AI agents will soon save hours per day on knowledge processing tasks like......
Data Quality
In the rapidly changing world of real estate, reliable data is crucial. As the industry evolves, accurate and high-quality data has become more essential than ever. In this digital age, where......
Adding Listed Infrastructure to our Analyses
Professional investors are increasingly interested in including real assets such as electricity, gas and water infra, toll roads, energy networks and airports. Global Listed Infrastructure......
Processing Raw OSM Data for Maximum Insights
In recent years, the utilization of raw, unprocessed OpenStreetMap (OSM) data has gained significant traction as an alternative to the use of private data for Geographic Information Systems (GIS)......
Five factors contributing to fluvial flooding risk
In this blog, we address five factors that drive the flooding risk of real assets in Europe. This blog builds further on our previous blog, titled ‘Predicting asset flooding using machine learning......
Predicting asset flooding using machine learning and random forest classification
Due to climate change, fluvial flooding is becoming a more commonly occurring phenomenon with destructive consequences, both for human life and assets. Some estimate that annual damages by flooding......
Unlocking the potential of OpenStreetMap for real estate investing
OpenStreetMap (OSM) data is an increasingly valuable resource for real estate analysis. In the era of big data, real estate professionals must have access to the most accurate and up-to-date......
The re-emergence of the residential sector
How alternative data can help us understand the risks and rewards of residential investment. 75% of responding investors said they will “significantly increase” their investment into European......
Analysing CoVID measures and real estate
CoVID has moved to the margin as other crises take centre stage. This analysis prepares you if the virus re-appears in the next few months. It focuses on government measures, as they have more impact......
Brace: REITs and recession: How alternative data can help identify resilience
Let’s try to summarise what got us where we are today: After a period of relatively smooth sailing, the 2020s started with a bang. Covid hit, and countries put their economies into an induced coma.......
Listed property companies and climate hazards
The listed property company with the best climate hazard resilience is Hibernia, from Ireland. It has a normalised score of 4.6, the highest of the REITs under review. This is the average of 18......
Shaun Stevens considers EPRA’s future challenges with alternative data
When thinking about what lies ahead, the past, as well as the present, influences our expectations for the future. The near future is typically shaped by recent events and trends. Indeed, many......
Listed property companies and demography
The listed property company with the highest population growth is Hibernia, from Ireland. It is projected to have a population increase of no less than 12.6 per cent in ten years. This will support......