Associate Professor
Isil Erol
This person does not currently hold a position at QUT.
Biography
Isil Erol is an Associate Professor of Property at the School of Economics and Finance at the Queensland University of Technology. Professor Erol received her BS in City and Regional Planning (1998), MSc in Economics (2000) from Middle East Technical University, and her MPhil degree in Land Economy (2001) and PhD degree in Real Estate Finance (2004) from the University of Cambridge.Professor Erol has authored and co-authored publications in journals, edited books, and conference proceedings. Her publications have appeared in the Journal of Housing Economics, Journal of Real Estate Finance and Economics, Urban Geography, Journal of Housing and Built Environment, International Journal of Urban and Regional Research, Applied Economics, Review of Urban and Regional Development Studies, International Real Estate Review, and METU Journal of Faculty of Architecture.
Main Research Areas:
Real estate finance
Housing economics
Mortgage markets
Publicly traded property companies, REITs
Financialization in housing and urban redevelopment
Honors and Scholarships:
2001-2003: Bill Gates - Cambridge Scholarship for the PhD Degree at the University of Cambridge, UK.
2001-2003: Overseas Research Scholarship (ORS), Universities UK, Department of Education and Skills (DfES) for the PhD Degree at the University of Cambridge, UK.
2000-2001: British Chevening and Turkish Education Foundation (TEV) Scholarship for the MPhil Degree at the University of Cambridge, UK.
1993-1998: Honor award for ranking 3rd in the Department of City and Regional Planning, Middle East Technical University, Ankara Turkey.
Personal details
Keywords
Property Economics, Housing finance, Publicly traded property companies, REITs, Mortgage markets and pricing contracts, Financialization of urban redevelopment
Discipline
Banking, Finance and Investment, Applied Economics, Other Built Environment and Design
Field of Research code, Australian and New Zealand Standard Research Classification (ANZSRC), 2008
Qualifications
- PhD (University of Cambridge)
Selected publications
- Erol I, Tyvimaa T, (2020) Explaining the premium to NAV in publicly traded Australian REITs, 2008-2018, Journal of Property Investment and Finance, 38 (1), pp. 4-30.
- Yigitcanlar T, Adu McVie R, Erol I, (2020) How can contemporary innovation districts be classified? A systematic review of the literature, Land Use Policy, 95.
- Erol I, Tirtiroglu D, Tirtiroglu E, (2020) Pricing of IPOs under legally-mandated concentrated ownership and commitment period: Evidence from a natural experiment for REITs in Turkey, Journal of Behavioral and Experimental Finance, 25, pp. 1-15.
- Coskun Y, Erol I, Morri G, (2021) Why do Turkish REITs trade at discount to net asset value?, Empirical Economics, 60 (5), pp. 2227-2259.
- Erol I, (2019) Financial transformation and housing finance in Turkey. In GL Yalman, T Marois & AR Gungen, The political economy of financial transformation in Turkey (Europa Perspectives: Emerging Economies), Routledge, pp. 243-268.
- Erol I, (2019) New geographies of residential capitalism: Financialization of the Turkish housing market since the early 2000s, International Journal of Urban and Regional Research, 43 (4), pp. 724-740.
- Kutlukaya M, Erol I, (2016) Analysis of cross-country variations in the depth of European mortgage markets, Journal of Housing and the Built Environment, 31 (3), pp. 513-543.
- Cakici N, Erol I, Tirtiroglu D, (2014) Tracking the evolution of idiosyncratic risk and cross-sectional expected returns for US REITs, Journal of Real Estate Finance and Economics, 48 (3), pp. 415-440.
- Erol I, Ozbakir B, (2012) Globalizing polycentricity in Istanbul: Mamdani-type fuzzy rule-based model of CBD office space rents, Urban Geography, 33 (8), pp. 1212-1248.
- Erol I, Tirtiroglu D, (2010) Concentrated ownership, no dividend payout requirement and capital structure of REITs: Evidence from Turkey, Journal of Real Estate Finance and Economics, 43 (1-2), pp. 174-204.
QUT ePrints
For more publications by Isil, explore their research in QUT ePrints (our digital repository).