Journal of European Real Estate Research: Volume 6 Issue 2

Volatility interdependence in European real estate securities markets: Who is the most influential?

Kim Hiang Liow

This paper aims to investigate the interdependence of daily conditional volatility in seven FTSE‐NAREIT‐EPRA European developed real estate securities markets – the United…

Equities or real estate? An international evaluation of listed property markets

Martin Haran, Peadar Davis, Michael McCord, Terry Grissom, Graeme Newell

The purpose of the paper is to examine the role of securitised real estate within the confines of a multi‐asset investment portfolio and to identify if indeed securitised real…

Local particularities or distance gradient: What matters most in the case of the Viennese apartment market?

Shanaka Herath, Gunther Maier

This study aims to examine the impact of relative importance of local characteristics, distance from the city centre and unobservable spatial relation in explaining values of…

Valuing a greenfield real estate property development project: a real options approach

Francesco Baldi

Real options available to developers and leading to an active and dynamic development of real estate assets are numerous. The purpose of the article is twofold. First, a…

UK freehold reversionary properties: valuation practice revisited

Nick French

In the last 40 years, the UK valuation profession has relied heavily upon the “hardcore” or “layer” method for valuing reversionary properties (under‐ and/or over‐rented). This…