...Alexey Zhukovskiy; Heidi Falkenbach; Ranoua Bouchouicha Purpose This paper aims to examine the relationship between the use of public debt and investment activity of European listed real estate companies. Design/methodology/approach Using a hand-collected sample of debt structures of 102...

... properties and are used as a basis for real estate investment decisions. Originality/value – In this paper, an effort is made to rigorously ground sustainability ratings in financial theory. These differences are due partly to the necessity to take national or local conditions into account and partly...

...Martin Haran; Peadar Davis; Michael McCord; Terry Grissom; Graeme Newell Purpose 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 estate can afford investors the desired...

...Peter Byrne; Cath Jackson; Stephen Lee Purpose The purpose of this paper is to test the hypothesis that investment decision making in the UK direct property market does not conform to the assumption of economic rationality underpinning portfolio theory. Design/methodology/approach...

...David Scofield Purpose The purpose of this paper is to provide new insights into asset liquidity in direct commercial real estate investment in the UK. Transaction data provided by four institutional investors of commercial real estate are used to test for changes in asset liquidity as manifest...

...Jaakko Niskanen; Jussi Rouhento; Heidi Falkenbach Purpose The relationship between ownership structure and firm value has long been of interest in the academic society. The purpose of this paper is to study the relationship between European real estate investment trusts' (REITs) ownership...

... markets because of the fundamental problems about ensuring continuing investment in the private rented sector and constraints on the maturation process, particularly where ownership of rental housing is diverse and small‐scale. The analysis suggests that housing tenures are quite fluid and with a general...

... and returns. The paper aims to offer investment strategies in the real estate sector and pinpoint the optimum momentum strategies that provide the maximum returns in the real estate investment trusts (REITs) markets of seven countries. Design/methodology/approach Within an iterative framework, a two‐step...

...Ilkka Tomperi Purpose This paper aims to focus on the performance of private equity real estate funds. Since many institutional investors have special programs to invest with first time managers, or emerging fund managers, it also seeks further evidence on how persistent the performance of real...

...Willem G. Keeris Purpose This paper aims to focus on three points of the theory about property investment risks: the management risk is not taken into account; the assumed regularity of the damping of the specific risks with an increase in the number of investments; and the assumption...

... of decision makers (French, 1986). Nick French can be contacted at: nick.french@brookes.ac.uk © Emerald Group Publishing Limited 2008 Decision making Uncertainty management Real estate Property Investments The thesis of this paper is that uncertainty is an integral part...

...Anthony J. de Francesco; Deborah Levy Purpose The purpose of this paper is to investigate the key drivers affecting property investment decisions within a context of sustainability and how these drivers are likely to change the investment product landscape and the management of existing property...

...Giacomo Morri; Christian Beretta Purpose Unlike previous studies on capital structure decisions, the purpose of this paper is to focus on US real estate investment trusts (REITs) in order to find out the main determinants of capital structure choice for real estate companies and in order to verify...