Barber, Colin; Robertson, Donald; Scott, Andrew - In: The Journal of Real Estate Finance and Economics 15 (1997) 1, pp. 59-76
This paper examines the statistical similarities between U.K. commercial property capital and rental values and the price level. Our aim is to determine whether commercial property is an inflation hedge and, if so, what type of inflation it hedges against. To answer these questions, we use both...