This paper uses GARCH models and a panel VAR model to analyze possible time variation
of the volatility of single-family home value appreciation and the interactions between the …

Are global city office markets inherently unstable? This examination of office markets in
major world cities analyses the flows of capital that create urban form, the nature of …

It is a great honor for the authors of this report to be chosen to evaluate the active
management of the Norwegian Government Pension Fund–Global (the Fund). We are …

Real Estate Investment Trusts (REITs) emerged in Asia in 2001, with Japan and Singapore
as the market leaders. South Korea, Taiwan, Hong Kong and Malaysia have also launched …

Lizieri C. and Pain K. International office investment in global cities: the production of
financial space and systemic risk, Regional Studies. The paper explores the relationships …

This paper reviews the real estate markets in India and assesses the risk-adjusted
performance and portfolio diversification benefits for the real estate markets (office, retail and …

This study explores the key financial performance characteristics of successful listed real
estate companies in an international context over 2000–2006. Financial success is …

This paper examines the performance of real estate stocks listed in seven developing
markets in East Asia between 1992 and 2002. Using panel regressions, the goal is to …

The theoretical literature suggests a positive relation between financial leverage and asset
returns, but the empirical evidence on this effect is mixed. We examine leverage effects in …

We use constrained cross‐sectional regressions to disentangle the effects of various factors
on international real estate security returns. Besides a common factor, pure country, property …