Examines the implications of European Monetary Union (EMU) for property managers of operational and investment property portfolios. In the first section, the background to the introduction of a single currency is reviewed and the proposed timetable and method of introducing the Euro is...

Derivatives have been an expanding and controversial feature of the financial markets since the late 1980s. They are used by a wide range of manufacturers and investors to manage risk. This paper analyses the role and potential of financial derivatives investment property portfolio management....

A previous paper (Vol. 16 No. 3) examined the potential contribution of derivative products to the mitigation of some of the problems and risks associated with direct property investment. This paper analyses the property‐related derivative products that have been developed. Particular...