Corrigendum

Article Type: Corrigendum From: Journal of Property Investment & Finance, Volume 29, Issue 1

Emerald would like to highlight an error published in Journal of Property Investment & Finance, Volume 28, Issue 6 (2010), pp. 454-465.

In the paper “Long-run price behaviour of equity REITs: become more like common stocks after the early 1990s?” by Ming-Long Lee and Kevin Chiang, the authors supplied incorrect versions of equations (3), (5) and (6).

On page 457, the correct phrase below equation (3) is:

where α is a 4×r and β is a 5×rmatrix of full column rank.

On page 458, the correct equations (5) and (6) are:

The authors apologise for any inconvenience this may have caused. The online version of the paper has now been corrected.