Hong Kong property companies make a significant contribution to the Hong Kong stockmarket and general economy. A key issue is how much of Hong Kong property company performance is attributable to stockmarket performance and how much is attributable to direct property performance. Using a...

Listed property trusts (LPTs) have been a successful indirect property investment vehicle in Australia. At April 2004, the LPT sector had total assets of over $80 billion1 and accounted for over $54 billion in market capitalisation, being the third largest stockmarket sector and representing...

Given the stature of international tourism, hotel properties are an important property investment sector. While considerable research has been conducted for office, retail and industrial property, only limited research is available concerning the hotel sector; particularly concerning hotel...

The commercial valuation report is a key element in property investment decision making for institutional investors; particularly as the current global financial crisis. Client perceptions of the quality of valuation reports have been assessed previously for the UK, Australia and the US....

International property investment has taken on increased significance in recent years, with the European property markets being a traditional source of international property investment opportunities for institutional investors. This paper assesses eleven (11) major European direct property...