..., t-test estimates imply further returns sovereignty. Whether ODCE index is paired with Amundi ETF or Lyxor ETF, their returns’ heterogeneity is not spurious (see Table II). Europe ETFs Cash Funds ODCE Substitutes Cash is king or so does the adage goes. Although the origin...

... and the effect of market timing on the pricing of SEOs. Felix Lorenz can be contacted at: felix.lorenz@irebs.de 25 07 2019 30 09 2019 04 11 2019 © Emerald Publishing Limited 2019 Emerald Publishing Limited Licensed re-use rights only Europe Market timing Underpricing SEO...

...Stephanie Rozelle Yates; Elaine M. Worzala; George Milunovich; Stefan Trück Purpose The purpose of this paper is to investigate contagion between real estate investment trusts (REITs) within and across three geographical regions: North America, Europe and Asia‐Pacific. The paper also examines...

.... Additionally, some evidence is found that the introduction of the single currency in 1999 has led to increasing signs of convergence, especially in the Continental European markets. Practical implications The results show that the real estate office markets in Europe are not fully integrated and so...

...‐border valuation Europe Real estate Assets valuation Investments The last decennia more transparency has entered the real estate markets in many countries because of the increase of performance measurement of institutional real estate holdings by the Investment Property Databank (IPD...

... to classify the property stock market as a hot market. Third, we test whether the recent IPO markets were supply driven or based on market‐timing. The data sample contains IPOs of property companies conducted in Europe including Turkey and Russia between 1994 and 2006. 1994 appears to be the recovery...

...Joseph Ooi; Muhammad Faishal Ibrahim; David Skinner Purpose This report aims to examine the sectoral composition of Europe's real estate investment market, the factors likely to drive a shift in portfolio composition away from the office sector and toward retail, and how this will likely occur...

...Alastair Adair; Suzanne Allen; Jim Berry; Stanley McGreal Purpose This paper seeks to assess issues of data and the extent to which property markets are becoming more transparent in Central and Eastern Europe, discussing stages in the transformation and evolution of markets with reference...

...Bob Thompson; Bob Thompson Purpose Aims to highlights the changes ongoing in the distribution and logistics property sector across Europe and to show that wide differences remain between the sophisticated warehouse properties available in mature property markets and those available in traditional...

... imply that investors would benefit from diversifying property stock portfolios internationally in Asia and Europe in the short‐ and long‐run. Originality/value This study contributes significantly to the empirical literature on capital asset pricing and on the risk‐return performance...

... the contracting parties. Office tenants in London typically enjoy two benefits: first, unlike some markets in Europe, the Landlord and Tenant Act 1954 provides tenants with the right to renew their leases at market rents at the lease end (although, the right to renew can also be found in France...

.... The advent of property performance index series is shown to be a major factor influencing the harmonisation of valuation methods and standards. Conclusions reflect upon the variation between the four countries and the limited progress on the adoption of harmonised standards in Europe. © MCB UP Limited...

... international investment in real estate; in others lack of economic control and market knowledge led to unbridled speculation. Overall, however, the system seemed to have been adequate until information became more accessible and cross‐border trading became freer. © MCB UP Limited 1997 Europe...

... highlight the pricing of property as a function of fundamental demand and income security and could facilitate a more sophisticated valuation and investment appraisal practice in Europe. If EMU goes ahead it will lead to new occupational patterns and areas of investment growth. As such it is likely...

...Paul Kohnstamm Continental Europe has a lot to learn from the developed real estate markets of the UK and the USA. Focuses on the problem areas where more information and more research are required. This article focuses on problem areas in real estate: areas where there are questions in practice...

... and under what form to participate in such ventures should include analysis of the affect of programme implementation and the integration of the property development component into the ‘implementation structure′. © MCB UP Limited 1993 Europe Property development Regional development Urban...

... benefits both within a multi‐asset portfolio and within a pure European property portfolio context. © MCB UP Limited 1993 Europe Investment property Property portfolio Financial risk Valuation European Paper The European section is intended to provide an open forum for the presentation...

...Bruno Giussani; Marshall Hsia; Sotiris Tsolacos Presents an empirical investigation of office rental trends for some of the largest cities in Europe. Uses annual data for the period 1983‐91 to test the changes in rental values and fluctuations in economic activity. Includes a review of previous...

... internationally that they must work to a commonality of valuation certificate. © MCB UP Limited 1992 Assets valuation Europe Fixed assets Valuation Asset Valuations in Europe Received: 7th April, 1991 Peter Champness Keywords: Asset valuations Europe guidance notes Summary demand from...

... in this sector in the UK. Concludes that merely keeping a warehouse for stockholding will be a sign of failure. © MCB UP Limited 1992 Distribution Europe Investment management Japan Just‐in‐time Single market Stock Warehousing Valuation Distribution Property Trends and Influences Received...