The objective of the research is to investigate the relationship between financial reporting disclosure and the financial performance of European publicly traded real estate companies. Information risks and agency costs are key issues for investors. Agency costs arise when managers have...

There is a longstanding body of literature that discusses the potential for clients to influence the outcome of the property appraisal process. In the market downturn of 2007-9, it is clear from a number of practitioner conferences and articles that some market participants such as investment...

ERES:conference

In the UK, the financial viability of real estate development has become increasingly central to planning policy formation and implementation. As the range of users that relies on viability appraisals has widened considerably, viability modelling has become increasingly contested and the...

ERES:conference

ERES:conference

The research project outlined proposes to investigate the relationship between the market significance of foreign investors in major office markets and commercial real estate capitalization rates. Drawing upon a database of commercial real estate transactions, it is proposed to model the...

This paper examines the effects of the process of European monetary integration on the investment performance of the commercial real estate sector. Specifically, it measures whether there has been convergence in the investment performance of private real estate markets. A number of criteria are...

This paper examines the concept and investigates the evidence of convergence in European real estate investment markets. The fact that the term ëconvergenceí has been described as suffering from ímeaning-overloadî has meant that outside the real estate literature its characteristics and...

Whilst the preliminary nature of and subsequent revisions to estimates of real output provide a source of data uncertainty to macro-economic forecasters, many macro-economic data (e.g. exchange rates, interest rates and commodity prices) are easily available and not subject to measurement error....