Anupam Nanda

Prof

Personal profile

Overview

Anupam Nanda is Professor of Urban Economics & Real Estate (Full Professor/Chair) at the University of Manchester, UK. Anupam is Co-Deputy Director of the Manchester Urban Institute (MUI).  He is a member of the Board of the European Real Estate SocietyHe has established and currently leads the Manchester Real Estate & Urban Economics (MREUE) research group.
SEEDs of Change: call for change to "Prioritise climate adaptation for housing and commercial properties"

Recent/selected academic works:  

Ongoing Projects:  

  • Housing inequality in England
  • Foreign Investor Demand for Housing
  • Commercial Real Estate Prices, Investor Sentiment & Liquidity
  • Multi-dimensional Impacts of Infrastructure (ESRC IAA project, Principal Investigator) 
  • Benchmarking Real Estate Investment Performance: The Role of ESG Factors

Biography:

Anupam holds UG, PG and PhD degrees in Economics, and he has over eighteen years of experience as a researcher, educator and consultant. Prior to joining Manchester, he was at the University of Reading (2010-19), and worked in non-academic roles at Deloitte and the National Association of Home Builders (US). 

Anupam's research themes/sub-themes are: economics of property markets; regional and urban studies; household sentiment & behaviours; cross-border investment; Environment, Social & Governance (ESG) and technology issues in urban and property markets; impact of infrastructure projects. Anupam's current teaching unit is: Advanced Real Estate Finance (PG level).

His academic papers have been published in several top international journals e.g. Journal of Urban Economics, Energy Economics, Energy Policy, Regional Studies, Manchester School, Real Estate Economics, Journal of Real Estate Finance and Economics, Review of International Economics, Journal of Portfolio Management, World Economy, Journal of Real Estate Research, Town Planning Review, Applied Linguistics etc. 

Anupam's projects have been sponsored/funded by both UK and international public and private funding bodies and companies e.g. UKRI/ESRC, UK Foreign and Commonwealth Office, Investment Property Forum (IPF), Real Estate Research Institute (RERI) in USA, The Royal Institution of Chartered Surveyors (RICS). Anupam has undertaken research projects or supervised doctoral works related to several countries - United States, United Kingdom, India, Greece and other EU countries, Panama, Cyprus, UAE (Dubai), Malaysia, China. 

Anupam chairs the refereed section of the annual conference of the European Real Estate Society.  He is a member of the Editorial board at a number of leading real estate journals e.g. Journal of Real Estate Research; Journal of Real Estate Portfolio Management; International Journal of Strategic Property Management, among others.

As an economist, he has analysed various aspects of the real estate sector, applying approaches from a number of sub-fields of Economic Science, such as:

  • Applied Microeconomics & Industrial Organization real estate firm operations & performance; asymmetric information and market sentiment in real estate; evaluation of national and sub-national housing regulations and policies; market benchmarking e.g. house price indices; market structure and firm concentration in real estate;
  • Organizational Economicsagency problems in real estate brokerage; service standards in real estate intermediaries; corporate social responsibility/ESG of real estate firms; 
  • International Economics & Businesscross-border investment (FDI/FPI) in real estate; transmission mechanisms and contagion in housing markets; analysis of global real estate investment vehicles and delivery platforms; links between macroeconomy and real estate

Employment:

  • (Nov 2019 - present):  Professor of Urban Economics & Real Estate (Chair in Real Estate), University of Manchester, UK.
    • Co-Deputy Director, Manchester Urban Institute;
    • REF Co-ordinator (joint), Dept of Planning, Property and Environmental Management.
  • (Aug 2017 - Oct 2019):  Professor of Urban Economics & Real Estate, Henley Business School/University of Reading, UK.
    • Research Division Lead/Director of Research (joint), Real Estate & Planning;
    • Director, MSc Real Estate Finance (fulltime).
  • (Oct 2013 - Jul 2017):   Associate Professor in Real Estate Economics, Henley Business School/University of Reading, UK.
    • Director, MSc Real Estate (flexible/blended learning).
  • (Jan 2010 - Sep 2013): Lecturer, Henley Business School/University of Reading, UK 
  • (Apr 2008 - Nov 2009): Deloitte Intelligence, Deloitte & Touche, Mumbai, India 
  • (Apr 2006 - Apr 2008):  Senior Research Economist, National Association of Home Builders, Washington DC, USA 

Education:  PhD in Economics, University of Connecticut, USA, 2006;   MSc in Economics, University of Calcutta, India;   BSc (Hons) in Economics, Statistics, Mathematics, St Xavier's College, Kolkata, India.

Professional Qualifications/Fellowships:

  • FRSA - Fellow of the Royal Society of Arts. (The Royal Society for the encouragement of Arts, Manufactures and Commerce)
  • FRGS - Fellow of the Royal Geographical Society. (The Royal Geographical Society with the Institute of British Geographers)
  • FHEA - Fellow of the Higher Education Academy, UK

Current PhD candidates in real estate and urban economics:

  • Siqi Huang, Topic: ESG performance and real estate investment (first supervisor/University of Manchester)
  • Xiaodan Liu, Topic: "Multidimensional Impacts and Implementation of Infrastructure in The Post-Industrial Society" (first supervisor/University of Manchester)
  • Jonathan Wood (ESRC Funded), Topic: Changing Market Structure of the Food and Drink Industry (second supervisor/University of Manchester)
  • Buker Audeh, (second supervisor/University of Reading)

Completed PhDs:

  • Dr Rong Wang (PhD completed in 2025): "Cross-Border Real Estate Investment Preferences" (first supervisor/University of Manchester) employed at Liverpool John Moores University
  • Dr Sarah Coleman (PhD completed in 2024, ESRC Funded), Benefit Realisation in Government Major Projects (first supervisor/University of Manchester)
  • Dr Steffen Heinig (PhD completed in 2019) "Essays on Sentiment: An Analysis of the Commercial Real Estate Market" (first supervisor/University of Reading) employed at Liverpool John Moores University
  • Dr Fangchen Zhang (PhD completed in 2020) "Implications of Investors’ Heterogeneity for the Commercial Real Estate Market - An Analysis of the UK Market"  (co-supervisor/University of Reading) employed at Northumbria University
  • Dr Olayiwola O. Oladiran (PhD completed in 2020) "Essays on Migration and Housing" (first supervisor/University of Reading) employed at Sheffield University
  • Dr Shuai Shi (PhD completed in 2018) "The Convergence of Geo-Space and Network Space in City Region Development in China: taking the Mid-Yangtze River City Region as an example"; (co-supervisor/University of Reading). employed at University of Hong Kong
  • Dr Linning Zhu (PhD completed in 2016) "House Price Dynamics in Contemporary Urban China"; (co-supervisor/University of Reading)
  • Dr Dimitra Kavarnou (PhD completed in 2015) “The Housing Markets of the Greek Islands”; (first supervisor, University of Reading) employed at Neapolis University Pafos
  • Dr Jia-Huey Yeh (PhD completed in 2015) “Regional House Price Dynamics in Taiwan”; (first supervisor/University of Reading) employed at Jiangxi University of Finance and Economics 

Expertise related to UN Sustainable Development Goals

In 2015, UN member states agreed to 17 global Sustainable Development Goals (SDGs) to end poverty, protect the planet and ensure prosperity for all. This person’s work contributes towards the following SDG(s):

  • SDG 3 - Good Health and Well-being
  • SDG 4 - Quality Education
  • SDG 7 - Affordable and Clean Energy
  • SDG 8 - Decent Work and Economic Growth
  • SDG 9 - Industry, Innovation, and Infrastructure
  • SDG 10 - Reduced Inequalities
  • SDG 11 - Sustainable Cities and Communities
  • SDG 12 - Responsible Consumption and Production
  • SDG 13 - Climate Action
  • SDG 16 - Peace, Justice and Strong Institutions
  • SDG 17 - Partnerships for the Goals

Education/Academic qualification

Doctor of Philosophy, Economics, University of Connecticut

Award Date: 24 Aug 2006

External positions

Board Member, European Real Estate Society

1 Nov 2019 → …

Areas of expertise

  • HB Economic Theory
  • Urban & Regional Economics
  • Housing
  • Real Estate Markets
  • Infrastructure
  • Sustainability
  • climate change
  • Regional policy
  • statistical modelling
  • HG Finance
  • Real Estate Finance & Investment
  • Financial behaviours
  • Risk management
  • corporate social responsibility

Research Beacons, Institutes and Platforms

  • Manchester Urban Institute

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