This paper re-examines the price behaviour of the residential property market in Ireland and specifically assess the extent to which a speculative bubble developed during the boom in the market since the mid-nineties. The paper uses a number of alternative methodological approaches in the...

Using both aggregate and firm level data we consider the divergence in the share prices of UK listed real estate firms relative to their Net Asset Value (NAV). Whilst it is often argued that REITs should trade close to their NAV the existing empirical evidence has often provided quite distinct...

This paper examines price behaviour at residential auctions. Using a dataset for Greater Dublin we analyse the price movement and the accuracy of quoted guide prices. A comparison is also made with private treaty sales, developing the analysis contained in Stevenson & Young (2004). The results...

This study aims to investigate the role of sponsor and internal corporate governance mechanisms in the performance of Asian REITs. The presence of sponsors, who are often the controlling unitholders of the REIT and the parent companies of the manager, is argued to exacerbate the agency costs....