Purpose The purpose of this paper is to investigate the property investment decision-making process of Australian … unlisted property funds. Design/methodology/approach Drawing on previous research into property investment decision making by … Australian REITs, a normative model of the unlisted property fund investment decision-making process is proposed. Based on …

Purpose – The purpose of this paper is to study correlations between the national real estate investment trusts (REIT …) markets in the USA and the four Asia‐Pacific countries of Australia, Hong Kong, Japan and Singapore, and document the extent … found in the four REIT correlation series. Panel regressions suggest that REIT correlations rise with increases in the …

traded REIT performance and privately traded direct real estate investment performance in three out of four U.S. real estate … significantly between the REIT and direct real estate markets regardless of sector and investment horizon. The findings have … as good substitutes in an investment portfolio with several years investment horizon. Second, they suggest that REIT …