Purpose The purpose of this paper is to determine the effect that ownership and management structures have on ability to control operating expenses. For individual investors, intensity of management experience is also explored as a possible explanatory variable for operating expenses. For...

Purpose – The purpose of this paper is to explore the idea of transplanting the institution of homeowner associations or similar to existing urban neighbourhoods in order to correct imbalances in patterns of incentives and responsibilities that threaten the liveability and sustainability of...

In view of the current interest in international property investment, briefly reviews various aspects of current French law and market practice relating to commercial leases. Points out that the positions of the landlord and tenant in France are different from those in other jurisdictions: the...

The manner in which the role of the managing agent has evolved in recent years has been well documented. In these times of recession and economic uncertainty there has been a further and equally significant change in the role of the managing agent – this time in philosophy. Looks at the reason...

Discusses the recent decision in South Australia Asset Management Corporation vs. York Montague Ltd and two other cases in which the House of Lords unanimously decided that a valuer is not liable for market losses suffered by a lender who lends on the security of negligently valued property in...