Prof. Dr. Bing Zhu

Academic Career and Research Areas

The research of Professor Zhu (b. 1982) aims at deepening the insight into real estate development from economic and financial perspectives. Her research in real estate finance focuses on applying corporate finance theory and asset pricing model to real estate investments. Another focus of her research is the real estate market, where her interests include sustainable real estate, the commercial real estate market, housing bubbles, as well as mortgage and monetary policy.

Professor Zhu studied construction management in China. She received her doctorate in real estate economics at EBS University of Business and Law in 2011. Before joining the Technical University of Munich in 2019, she worked as a lecturer at the University of Regensburg, the University of Cambridge, and the University of Reading and completed her teaching qualification (Habilitation) at the University of Regensburg in 2018. She serves on the editorial board of the Journal of European Real Estate Research, Journal of Real Estate Research, and Journal of Real Estate Portfolio Management. She is also a board member of the European Commercial Real Estate Data Alliance and the European Real Estate Society.

    Awards

    • Best Paper Award by the 2024 International Conference in Banking and Financial Studies (2024)
    • GSSI 2021 Journal of International Real Estate Review Best Paper Gold Awards (2022)
    • Best Paper Award by American Real Estate and Urban Economic Association (AREUEA) -International Conference (2022)
    • Best Paper Award by the Chinese Global Real Estate Congress 3rd Prize (2018)
    • Innovative Thinking “Thinking Out of the Box” Award. American Real Estate Society (ARES) (2015)

    Liu, C. C. Zheng and B. Zhu (2025). Does Agglomeration Enhance Property Value? Management Science.

    Abstract

    Li, Y., L. Li, and B. Zhu (2025). Executive Compensation and Secured Debt: Evidence from REITs. Journal of Corporate Finance 91.

    Abstract

    Zhu, B. D. van Dijk and C. Lizieri (2024). Price Diffusion across International Private Commercial Real Estate Markets. Journal of International Money and Finance.

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    Li. L., A. Yavas, and B. Zhu (2023). Externalities of Residential Property Flipping. Real Estate Economics. 51(1), 233-271.

    Abstract

    Milcheva, S. and B. Zhu (2015). Bank Integration and Co-movements across Housing Markets. Journal of Banking and Finance. 72:S148-S171.

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