Journal of Property Investment & Finance: Volume 37 Issue 1

How does liquidity in the financial market affect the real estate market yields?

Kyung-Min Kim, Geon Kim, Sotiris Tsolacos

After the Global Financial Crisis in 2008, the impact of expanded liquidity in the financial market has drawn attention. The purpose of this paper is to examine the relationship…

Optimal composition of hybrid/blended real estate portfolios

Frank Kwakutse Ametefe, Steven Devaney, Simon Andrew Stevenson

The purpose of this paper is to establish an optimum mix of liquid, publicly traded assets that may be added to a real estate portfolio, such as those held by open-ended funds, to…

A new model for Auckland commercial property yields

Moshe Szweizer

The purpose of this paper is to extend the studies of commercial property yields by providing a cross-field approach through the implementation of methods used in physics.

Comparison of the DCF and German income approach

Jan Reinert

The majority of institutional investors in Germany use the German income approach (GIA) while investors abroad prefer the discounted cash flow (DCF). The debate around the two…

International listed real estate returns: evidence from the global financial crisis

Alain Coën, Patrick Lecomte

The purpose of this paper is to analyze and revisit the risk and performance of publicly traded real estate companies from 14 countries over the period 2000–2015, marked by the…

Dynamic interdependence between the US and the securitized real estate markets of the Asian-Pacific economies

KimHiang Liow, Xiaoxia Zhou, Qiang Li, Yuting Huang

The purpose of this paper is to revisit the dynamic linkages between the US and the national securitized real estate markets of each of the nine Asian-Pacific (APAC) economies in…

New boundaries: Conceptual framework for the analysis of commercial real estate in smart cities

Patrick Lecomte

The purpose of this paper is to fill a gap in the real estate academic literature by defining the essence of real estate in smart urban environments. Space has traditionally been…