This paper analyses the performance of real estate securities and their relationship to other asset classes as well as to consumer price inflation in an international comparison over the period from 1990 to 2004. The analysis focuses on the long run relationships, applying three different...

This paper analyses the performance of real estate securities and their relationship toother asset classes as well as to consumer price inflation in an international comparisonover the period from 1990 to 2004. The analysis focuses on the long run relationships,applying three different...