The relationship between stock prices and real estate prices has been the subject of
substantial debate in both the academic and practitioner literatures. Existing studies have …

Property investment markets and applied property research are now recognised as an
increasingly important international phenomenon. Written by two of the most respected …

This study reviews the most recent findings on real estate returns, and organizes the reviews
into five categories:(1) risk and returns;(2) diversification and portfolio optimization …

This study applies wavelet analysis to examine the relationship between the US housing
and stock markets over the period 1890–2012. Wavelet analysis allows the simultaneous …

This paper investigates the return performance of publicly traded real estate companies. The
analysis spans the 1984–1999 time period and includes return data on over 600 companies …

Two strands of real estate research—that concerned with the relationships between
securitized real estate and the underlying market and that dealing with the role of property in …

This paper examines the extent to which real estate returns are driven by continental factors.
This subject is relevant for determining the country allocation of international real estate …

Real estate accounts for 25 to 40 percent of the total assets of major US corporations. Given
the large investment, it is important to understand how decisions related to real estate assets …

Over the last few years there has been a lot of debate all over the world on the existence of
bubble in several housing markets. It has been constantly claimed that housing is …

This article is the winner of the International Real Estate Investment/Portfolio Management
manuscript prize (sponsored by Jones Lang LaSalle) presented at the 1999 American Real …