Journal of Property Investment & Finance: Volume 28 Issue 3

The relative importance of sector and regional factors in the hotel industry: Evidence from the Italian market

Claudio Giannotti, Gianluca Mattarocci, Luca Spinelli

The purpose of the paper is to compare the role of the sector and geographical features in explaining the performance of a hotel structure.

What is the “duration” of Swiss direct real estate?

Mihnea Constantinescu

Computing the duration of real estate assets is a challenging task due to the particularities of the property market. This paper aims to develop an empirical model to compute the…

Role of farm real estate in a globally diversified asset portfolio

Gilbert Nartea, Chris Eves

This paper seeks to examine the benefits of further diversifying a global portfolio of financial assets with New Zealand farm real estate (FRE).

REIT excess dividend and information asymmetry: evidence with taxable income

Ming‐Te Lee, Bang‐Han Chiu, Ming‐Long Lee, Kevin C.H. Chiang, V. Carlos Slawson

US real estate investment trusts (REITs) typically distribute more dividends than required by tax regulations. This paper aims to focus on discretionary dividends, and examines…

The impact of market conditions using appraisal models

Billie Ann Brotman

The paper aims to generate estimates of appraised value using two present value appraisal models. Financing for a commercial property is contingent on an appraiser estimate of…

The Valuation of Property Investments

Mike Patrick

Analysis and behaviour

Nick French