The financial economics literature suggests that the possibility of rare events occurring affects asset pricing dynamics. At the same time, the recent finance literature found that investors often pay only limited attention to relevant information in making their investment decisions and they...

This paper provides a more comprehensive understanding on the corporate financial policies of real estate organizations by examining the capital structure practices of real estate corporations across different markets and over time. The empirical evidence, based on fourteen markets in Europe and...

As the REIT regime has been expanding globally over the last ten years, corporate governance practices in emerging REIT markets have become a major concern for domestic and international investors alike. Idiosyncrasies stemming from the ownership models applied in Asian economies and the fact...

An increasing amount of research has been devoted to internet search query data and its application to predict a broad variety of indicators such as stock/property markets, unemployment or flu infections.This paper aims to investigate whether changes in internet queries can be used to formulate...

This thesis advises on the optimal index construction technique on behalf of the commercial real estate broker organisation Dynamis in the Netherlands. The database contains 1993 rent-renewals in fifteen years of brokerage from 1984 to 1998. Out of the plethora of indices available in the real...

This paper aims to examine the issue of economic diversification in the context of the office markets in New York and London. These two markets are two of the most liquid office markets and attract a large degree of international investment. However, both cities are key financial service centres...

Several studies have analyzed the role of real estate in a multi asset portfolio, but little work has been done on how to formulate real estate strategies within the context of a multi asset portfolio. An unconstrained real estate strategy needs to take into account the impact of leverage as...

ERES:conference

The valuation of property in close proximity to mine shafts has become increasingly difficult with the introduction of the 20 metre rule by the Law Society in 1991 and with mortgage lenders being more aware of the risks involved in property lending. Chartered surveyors use the Red Book as a...

ERES:conference