In this paper cluster analysis is used to construct homogeneous groups from 157 UK local markets using commercial property returns.

This paper tests whether out-of-sample hedonic value predictions can be improved when a large urban housing market is divided into submarkets.

This paper deals with the relation between the term structure of rents and future spot rents.

This paper analyzes the determinants of the capital structure for a panel of 106 Swiss companies listed in the Swiss stock exchange.

This paper investigates the role of real estate in a mixed-asset portfolio when the maximum drawdown (hereafter MaxDD), rather than the standard deviation, is used as the measure of risk.

In this paper, it is examined whether the structure of constrained submarkets constructed according to three a priori classifications (property type, house value and geographical areas) differs from that of unconstrained submarkets constructed by means of principal component analysis and cluster...

The seminal study by Fama and MacBeth (1973) initiated a stream of papers testing for the cross-sectional relation between return and risk. The debate wether beta is a valid measure of risk has been renimated by Fama and French (1992) and subsequent studies.(...)

The aim of this paper is to compare various real estate valuation models and the manner in which they take into account environmental variables.

This paper examines the determinants of stock returns in a small open economy using an APT framework. The analysis is conducted for the Swiss stock market which has the particularity of including a large proportion of firms that are exposed to foreign economic conditions.

This paper examines the determinants of stock returns in a small open economy using an APT framework. The analysis is conducted for the Swiss stock market which has the particularity of including a large proportion of firms that are exposed to foreign economic conditions. Both a statistical and...