This paper uses a difference-in-differences (DID) approach to identify the effect of proximity to COVID-19 cases on the returns of real estate firms. We use a novel micro-level dataset which combines extensive data on the geographic footprint of COVID-19 patients, i.e. the locations they have...

This paper looks into the investment strategy of ESG-dedicated investors, particularly the geography drivers that attract ESG-dedicated investors. Using infrastructure deal level information from 2008 to 2020, we examine how local greenness and sustainable development policies (e.g., plans to...

We explore investor expectations about the effects of work from home (WFH) for the commercial real estate sector. We assess how differences in WFH exposure of listed real estate investment trusts (REITs) in the largest European economies – Germany, France and the UK – during the early stages...