IT & Operations
Real Estate LAB
Strategy, Innovation & Leadership LAB
Responsible Investment LAB
Business Administration Programs
Alumni & Recruiters
Alumni career development
Alumni online platform
Rankings and awards
Working at TIAS
Prof.dr. Dirk Brounen (Full Professor & Associate Dean Research and Development)
Prof.dr. Dirk Brounen
Full Professor & Associate Dean Research and Development
Finance (Behavioural Finance, Capital Markets, Corporate Finance, Financial Analysis, International Finance, Risk Management), Real Estate (Assessment, Investments, Performance Management)
Prof.dr. Brounen has a dual appointment as Professor of Real Estate at Tilburg University. Half of the week he works on his fundamental research agenda at the Tilburg School of Economics and Management (TiSEM), focusing on topics like; the risk and return of real estate investments, sustainability effects in real estate markets, and the performance of listed real estate markets. The other half of the week, Prof.dr. Brounen translates his academic knowledge into practical application at TIAS, where he is appointed as Vice Dean as of September of 2012. Within the Business School, he has set up the
Real Estate LAB
, an open platform in which academics of Tilburg University can interact with real estate market professionals. The Real Estate LAB is sponsored by; Amvest, FGH Bank, PGGM and PwC.
Before joining Tilburg University, Prof.dr. Brounen graduated at Maastricht University, finished his dissertation work at the University of Amsterdam, spend time as research scholar at Berkeley University, and for the last eight years he worked at RSM Erasmus University in Rotterdam.
Brounen, D., & Kok, N. (2011). On the Economics of Energy Labels in the Housing Markets.
Journal of Environmental Economics and Management
Brounen, D., with A. de Jong and C.G. Koedijk. 2006. Capital Structure Policies in Europe: Survey Evidence. Journal of Banking and Finance 30(5): 1409-1442.
Brounen, D., Kok, N., & Quigley, J. (2012). Residential Energy Use and Conservation: Economics, Demographics, and Standards.
European Economic Review, 56
Brounen, D., Kok, N., Ling, D.C. (2012). An Analysis of Shareholder Composition and Returns in Volatile Markets: The Case of International REITs. Fortcoming in the
Journal of International Money and Finance
Brounen, D., A. de Jong and C.G. Koedijk. 2004. Corporate Finance in Europe; Confronting Theory with Practice. Financial Management 33(4): 71-102.
December 7, 2015
Real estate in the third industrial revolution
Professor Dirk Brounen on the implications of the upcoming third industrial revolution, announced by Jeremy Rifkin...
September 18, 2015
Individuals with optimistic outlook save more
People with an optimistic view of the future often save more than those who have a less rosy view of the future, according to research by TIAS...
August 24, 2015
Webinar: Seduction in the real estate market
How can seduction be used to accelerate the sustainability of real estate?
May 18, 2015
Webinar: Real estate risks, new dimensions
During this webinar, Dirk Brounen and Maarten Jennen present a new investment model in which real estate risks are analyzed and developed in different dimensions...
April 13, 2015
Webinar: The DNA of inflation-proof real estate
This webinar presents a framework which can be used for estimating the future resilience of real estate...
March 17, 2015
Houses With Energy Label A or B Are Worth 5,000 Euros More
Houses with energy label A or B are sold for 5,000 euros more than houses with lower energy labels...
March 16, 2015
Webinar: Reverse mortgages and the gray wave
In this webinar, Dirk Brounen and Victor Vincent (AON) will discuss the business of reverse mortgages...
February 23, 2015
'Netherlands Railroads Real Estate Sales Are ‘Sensible’'
Dirk Brounen describes the intention of the NS (Netherlands Railroads) to divest parts of its real estate as “very sensible...
February 19, 2015
Webinar: Valuations, Standardization, and Synergy
During this webinar we shall address the following questions: what is the value of real estate in 2015 and how do we arrive at that assessment?
November 26, 2014
Webinar: Housing corporations: what's the next step?
Webinar in Dutch by professors Dirk Brounen (TIAS) and Cor van Montfort (TIAS) on the actual lessons learned from the Dutch parliamentary inquiry into housing corporations...
November 12, 2014
Favorable energy label raises transaction price for residential properties
A study conducted by Dr...
November 6, 2014
What if financial planning is not in your genes?
Researchers at the TIAS FinanceLAB made an inventory of the saving habits of people with different personal backgrounds...
October 17, 2014
Investing in the real estate market has become less predictable
Real estate investments have done relatively well in the past years, but the reason why they do well has become less predictable, says professor in Real estate economics Dirk Brounen...
October 7, 2014
Brounen: “Don’t wait until someone else comes up with it”
We love to copy each other in the Netherlands and capitalize on old successes in real estate, says Professor of Real Estate Economics Dirk Brounen...
September 11, 2014
Webinar: ‘Sustainable steps towards real estate success’
During this webinar, we will discuss how things stand with the ambitions of the IVBN sustainability report...
September 8, 2014
Energy label gives house sales a boost
A favorable energy label steps up the sale of Dutch homes by over 100 days, as is evident from the quarterly analysis of the Energy Label Index...
August 15, 2014
"We plan to provide broader training"
Dirk Brounen and Menno Maas explain the repositioning of TIAS in an interview in the specialist journal PropertyNL...
August 1, 2014
Webinar: the P of Profit
Dirk Brounen discusses the financial added value of energy efficiency during this lecture by Building Holland...
July 18, 2014
Webinar: 'Co-creation met Care’
Society is changing so rapidly that the former real estate formulas are unable to keep up...
July 11, 2014
New developments stirring in the Netherlands again
Dirk Brounen explains in the professional journal Vastgoedmarkt (Real Estate Market) that the sector needs to find a "positive outlook" again...
Executive Master of Real Estate (MRE)
Masterclasses for Financials