...David Parker Purpose This study aims to propose a methodology for the quantification of cultural loss compensation following compulsory acquisition of interests from indigenous groups in New South Wales, Australia. Design/methodology/approach Following a review of statute and case law...

... in the mainstream tools used in Australia. Further, the research identifies existing sustainability criteria that are relevant to the built environment, that have not been clearly identified by the IVS, but have an important role in evaluating the sustainability of commercial real estate. Practical implications...

... property values if investors view the two as interchangeable assets. All macroeconomic and financial indicators such as bond rates and equity market indices are freely available from official sources such as the Australian Bureau of Statistics (ABS), the Reserve Bank of Australia (RBA...

...Georgia Warren-Myers Purpose The research investigates valuers' understanding of the value of sustainability in property and its' consideration in valuation practice in Australia. This paper explores valuers' perceptions of the relationships between sustainability and market values, sustainability...

... limitations/implications The research has three limitations: (1) land law in Australia varies, as each State and Territory, and LGA, has specific laws, policies and processes; (2) as laws and policies are subject to change, it was necessary to select points in time at which to engage with those laws...

... of COVID-19 lockdowns in Australia. Thus, the findings are not necessarily representative of the Australian valuation profession, but they do provide indications of current approaches to risk identification in practice and the need for more guidance in relation to climate change risks. Practical...

...David Parker Purpose The study aims to comment upon the state of property education in Australia. Design/methodology/approach Statement of opinion Findings Property education in Australia is heading down a one-way dead-end road Research limitations/implications This article...

... and Manaster (1990) argued the reputational effects of underwriters associated with IPOs, Australia has not developed an underwriter reputation (or prestige) index. However, in Australia IPOs do not need to be underwritten so those that are underwritten still carry some reputational effect. In this study, we...

...’ perception and knowledge of sustainability and its inclusion in valuation practice in Australia. The approach uses a longitudinal survey of valuers from 2007 to 2015 tracking valuers’ knowledge, understanding, inclusion of sustainability reporting and the perceptions of the relationship between...

... bill rate at the listing date) are also included. The average excess dividend yield for the A-REITs was 2.9 percent while it was 2.0 percent for property companies. © Emerald Group Publishing Limited 2016 Australia IPOs A-REITs Underpricing Property companies The underpricing...

... commissions of 6.6 percent for 197 US REIT IPOs during 1980-1999. Later work by Bairagi and Dimovski (2012) over 1996-2010 identified average underwriter fees of 6.5 percent for 125 US REIT IPOs and total direct costs of 8.3 percent for these IPOs. In Australia, Dimovski (2006) and Dimovski...

... investment decision-making groups. © Emerald Group Publishing Limited 2014 Australia Decision making Real estate Property Property investment REIT Real estate investment trust The Australian REIT sector is substantial, comprising 45 REITs with a market capitalisation of 71.76 million...

...Wejendra Reddy; David Higgins; Ron Wakefield Purpose – In Australia, the A$2.2 trillion managed funds industry including the large pension funds (known locally as superannuation funds) are the dominant institutional property investors. While statistical information on the level of Australian...

... a series of passive and active asset allocation strategies. Figure 1 shows the aggregated balanced industry superannuation fund default option as at December 2011. Australia Investment funds Assets management Property Superannuation Asset class performance Allocation strategies...

... logistic regression analysis, the study tested the relationship between potential exit and REIT structural characteristics (variables studies were market capitalisation, debt ratios, profit margin, specialisation and REIT structure). Acquisitions and mergers Australia Real estate Investments...

... the knowledge and skills to accurately report on sustainability in the valuation process. This research used an online survey to gather responses from valuers around Australia, using a combination of structured and semi‐structured questions. Findings This paper has identified that valuers are identifying...

...) , the variable has intuitive appeal. Costs of raising capital Rights issues Equity capital Underwriting A‐REITs Australia Australian real estate investment trusts (A‐REITs) are important investment vehicles that manage around $150 billion in property assets (PIR, 2011) and account for over 6...

... companies in Australia, Dimovski and Brooks (2006) find that the mining industry employs far fewer women directors than industrial companies employ. The relationship between board size and women directors has also been empirically examined. Carter et al. (2003) find that the number...

... correlations between stock and direct real estate returns in six markets, which include the USA, the UK, Ireland, Australia, Hong Kong and Singapore. Findings The empirical results show significant time‐varying effects in the conditional covariance between stock returns and direct real estate returns...

...Jing Liu; Geoffrey Loudon; George Milunovich Purpose The purpose of this paper is to study correlations between the national real estate investment trusts (REIT) markets in the USA and the four Asia‐Pacific countries of Australia, Hong Kong, Japan and Singapore, and document the extent to which...