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Kiel Institute Fellow

Dr. Francisco Amaral

Kiel Institute Fellow

Dr. Francisco Amaral

Research Center

Francisco Amaral is Assistant Professor at the

Department of Finance of the University of Zurich. He holds a PhD in Economics from the University of Bonn, where he co-founded the German Real Estate Index (Greix) project in 2020. He is currently working with the Presidents team on topics related to real estate markets.

Main research interests

  • Macrofinance
  • Financial
  • Urban Economics

Francisco Amaral is Assistant Professor at the

Department of Finance of the University of Zurich. He holds a PhD in Economics from the University of Bonn, where he co-founded the German Real Estate Index (Greix) project in 2020. He is currently working with the Presidents team on topics related to real estate markets.
  • News

    06.08.2026

    Price momentum weakens, real prices fall year-over-year

  • News

    22.07.2026

    Asking rents barely grow in real terms, furnished and unfurnished apartments show comparable price dynamics

  • News

    07.05.2026

    Divergent price dynamics and longer listings duration

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Research Center & Groups

  • Research Center

    Macroeconomics

  • Research Group

    Macrofinance