van den Heuvel, Tom; Morawski, Jaroslaw - In: Journal of Property Investment & Finance 32 (2014) 2, pp. 154-167
Purpose – The aim of this paper is to improve the understanding of what drives the performance of non-listed real estate funds. Design/methodology/approach – The authors performed a panel regression analysis on the basis of an extensive sample from Investment Property Databank (IPD) covering...