Anupam Nanda is Professor of Urban Economics & Real Estate (Full Professor/Chair) at the University of Manchester, UK.  He is a member of the Board of the European Real Estate Society. 

Selected recent academic works:  

• "Climate Change and Housing", (solely authored) book chapter in International Handbook of Housing Economics. Gibb, K, Leishman, C, Marsh, A, Meen, G, Vitorj, R and Watkins, C (editors). Routledge: London. 
• "Do Mandatory Disclosures Squeeze the Lemons? The Case of Housing Markets in India" accepted at Journal of Public Economics. (2025) with Agnihotri, N., Tandel, V., Gandhi, S.   associated VoxDev article How disclosure laws boosted efficiency in India's housing market
• "Deserts and hotspots: the evolution of centrality, accessibility, and socio-economic impacts in bar and restaurant location patterns" accepted at Applied Geography. (2025) with Wood, J., Thanos, S.
• "Did 2004 EU expansion matter to new migrants' housing tenure and settlement choices in England?" The Manchester School. (2024) with Jewell, S., Oladiran, O.
• "Asymmetric Patterns of Demand-Supply Mismatch in Real Estate". Journal of Real Estate Finance & Economics. (2022) 64, 440–472. with Marcato, G.
• "Examining Regional Asymmetries in Drivers of International Migration Flows"  The Manchester School. (2022) with Oladiran, O.

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

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).

Exploring the role of information asymmetry in property market has been one of the key themes of Anupam’s research over the years: for example, studies on the property condition disclosure law in the United States (refer to 1, 2), leading to a similar study in the Indian context (refer to 3);  sentiment and investor behaviour in the property market (refer to 1, 2, 3). In recent years, Anupam’s work has also focused on the impact of climate change and ESG (Environment, Social and Governance) issues in the property market (refer to 1,  2,  3,  4, 5, 6). 

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

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 –  information economics (asymmetric information and market sentiment in real estate and urban markets); real estate firm operations & performance; market structure and firm concentration in real estate;  evaluation of national and sub-national housing regulations and policies; market benchmarking e.g. building and analysing house price indices; 
• Organizational Economics – agency problems in real estate brokerage; service standards in real estate intermediaries; corporate social responsibility/ESG of real estate firms; 
• International Economics & Business – cross-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

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 such as United States, United Kingdom, India, Greece and other EU countries. 

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.

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:

• FAcSS - Fellow of the Academy of Social Sciences (elected in 2025 - )
• 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:

• Maryam Almansoori, Topic: "Impact of Blockchain on Real Estate Valuation" (first supervisor/University of Manchester)
• Yangchen Liu, Topic: "Market Value, ESG Performance and Digital Transformation in REITs" (first supervisor/University of Manchester)
• 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