This paper presents a comprehensive literature review of what drives the adoption of green
buliding (GB) practices among construction stakeholders. The review is based on literature …

Discover an insightful examination of the property investment appraisal process from
leaders in the industry This book explains the process of property investment appraisal: the …

We present a model of optimal allocation to liquid and illiquid assets, where illiquidity risk
results from the restriction that an asset cannot be traded for intervals of uncertain duration …

In this article, we consider how different dimensions of liquidity have been measured in
financial markets and for various forms of real estate investment. The purpose of this …

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 …

Purpose–The study aims to examine how the vicious circle of blame for sustainable
buildings can be turned into virtuous loops of adaptation when considering sustainable …

We examine how the predictability of real estate returns affects the risk of, and optimal
allocations to, real estate for investors of differing investment horizons. Returns to direct real …

Commercial real estate investors differ in their sentiment due to factors such as market
expertise, investment strategies and expectations about future market conditions. Focusing …

We develop a dynamic portfolio choice model with illiquid alternative assets to analyze the
“endowment model,” widely adopted by institutional investors, such as pension funds …

This paper addresses the question of whether shares of public real estate companies should
be treated as real estate or as equity investments. Because theoretical considerations do not …