Property markets around the world are cyclical.The author, using the experience he has gained as a practising real estate professional for over 40 years,analyses how cycles occur and the key drivers. This includes how property cycles can best be exploited.

Purpose – The purpose of this paper is to consider prospects for UK REITs, which were introduced on 1 January 2007. It specifically focuses on the potential influence of depreciation and expenditure on income and distributions. Design/methodology/approach – First, the ways in which...

Purpose – The aim of the paper is to determine the dynamic relationships between REIT returns and those of other financial and real unsecuritized assets internationally. Design/methodology/approach – Using a multi‐factor model the flexible least squares (FLS) coefficients of REIT returns...