Purpose – The purpose of this paper is to provide an indication of the returns to commercial property lending over the last 30 years in the UK. Design/methodology/approach – There is no long-term index of the returns to commercial property lending in the UK. This paper provides a partial...

This study investigates how three regulatory reforms undertaken in the aftermath of the global financial crisis have affected returns of real estate companies. The three reforms are aimed at regulating different segments of the market – Basel III targets banks, and could restrict the...

This paper seeks to increase the understanding of the performance implications for investors who choose to combine an unlisted real estate portfolio (in this case German Spezialfonds) with a (global) listed real estate element. We call this a “blended” approach to real estate allocations....

In this paper we set out to answer the following questions:• Growth of the market: How has the Asia Pacific market grown relative to the global real estate universe?• Performance analysis: How has the sector performed relative to other regions globally, as well as other asset classes over...

In this paper we discuss…The term ‘infrastructure assets' and the key investment characteristics investors look for.How the listed and unlisted sectors differ and how allocations to listed infrastructure are determined.The benefits of combining listed and unlisted infrastructure and the...

Until now, however, there has been little work published regarding done the behavioural or institutional aspects of incorporating listed real estate into an investment strategy. To rectify this gap we have undertaken two pieces of research for EPRA. The first, published in March 2013 (The use of...