There are parallels between the operation of closed-end funds and in the United Kingdom property companies. In both types of corporations, the market capitalization is commonly less than the net asset value (NAV) of the assets owned by the firms. This article investigates the relationship...

This paper exploits a uniquely-detailed dataset of capital flows into US cities via real estate investments. We identify how places were differently affected by the global financial crisis and provide a powerful explanation of why US economic growth continues to experience ongoing spatial...

There are parallels between the operation of closed-end funds and in the United Kingdom property companies. In both types of corporations, the market capitalization is commonly less than the net asset value (NAV) of the assets owned by the firms. This article investigates the relationship...

Foreword -- Preface -- Acknowledgements -- Introduction -- Macro-economics and real estate -- Real estate and recession -- Inflation and real estate -- Retailing and retail property -- Property companies and reits -- Real estate and construction -- Asia -- Real estate returns -- Residential real...