Purpose: To analyze the effect of corporate real estate asset ownership on the performances of franchise organizations. Design/methodology/approach: Using data on all available US public franchise companies, we measure the effect of corporate real estate ownership on the risk and return...

This paper extends the growing literature on the role of corporate real estate (CRE) within the corporate strategy context and addresses the need to identify the degree to which corporate real estate can be classified, and ultimately more efficiently exploited, as a strategic enterprise...

Using data on a large sample of land transactions, this paper develops quarterly national land price indices for residential, commercial, and industrial land use categories over the twenty year period from 1991 to 2009. We find significant differences in variability across land uses, with...

This paper seeks to determine whether analyst consensus is a function of the level of price informativeness, and therefore attempts to gauge the extent to which analyst consensus is high when market uncertainty is high. There is the view that a small or declining volume of trading implies less...

This study is based on survey data on investor expectations for 40 metropolitan statistical areas (MSAs) in the US over the period from 2003:Q2 to 2014:Q2. The paper has two main objectives. These are firstly to identify whether expected rates of return across different commercial real estate...