Andrea Chegut


Research Scientist


Andrea Chegut is a Research Scientist at the MIT Center for Real Estate. Andrea’s research agenda focuses on the economic outcomes of innovative real estate products in commercial real estate. From green buildings and data centers to urban food farms and micro-apartments, she looks at the asset pricing, uptake and diffusion of new products in commercial real estate markets. In addition, Andrea works and publishes on the development of global property price indices and dynamic urban economics issues.

Andrea holds Bachelors in Philosophy and Economics, a Masters in Economics and a PhD in Finance from Maastricht University. As a teacher, she was the Academic Advisor to students for the Cornell International Real Estate Case Competition, and taught courses on Real Estate Finance and Economics and Corporate Finance and teaching assisted in Bond Markets and Securitization, Corporate Finance, Entrepreneurial Finance and Banking.

During her dissertation work, Andrea managed the finance research component of the EU 7th Framework Project, Demonstration of Energy Efficiency through Retrofitting of Buildings – BEEM-Up. This four-year project results in 332 retrofitted social housing units in France, Sweden and the Netherlands. She co-organized the ECCE/ UC Berkeley Green Building Symposium and the ECCE/ MIT Center for Real Estate Smart, Connected and Green Building Symposium.

Andrea’s research papers have been published in the Journal of Real Estate Finance and Economics, Urban Studies and Journal for Sustainable Development. She has presented her academic research at the Allied Social Sciences Association (ASSA) meetings, the European Central Bank, Columbia University, University of Florida, American Real Estate and Urban Economics Association meetings, ReCapNet meetings, and Principal for Responsible Investing meetings.

Andrea is a research affiliate of the European Center for Corporate Engagement, the European Property Research Institute, Social Investment Research Platform and a member of the American Real Estate and Urban Economics Association.

Andrea was named the “2016 Post Doctoral Homer Hoyt Fellow“, Homer Hoyt Institution, Weimer School of Advanced Studies, Postdoctoral Honorees are recognized for both their recent contributions and for expectation of continued productivity.

Prior to academia, Andrea worked in the US capital markets as a Financial Analyst at Sherman Capital Markets.

Andrea Chegut CV


Spatial Dependence in International Office Markets