...Norman Hutchison; Graham Squires; Alastair Adair; Jim Berry; Daniel Lo; Stanley McGreal; Sam Organ Purpose – The purpose of this paper is to consider the merits of using projects bonds to finance infrastructure investment projects and considers the pricing of such bonds and the level of risk...

... the economies of scale in the capital market. Underwriter costs averaged around 3.2 percent while broker costs averaged around 4.1 percent. This could again be an economies of scale issue. Australia IPO A-REITs Finance Direct costs Underwriting costs In the last 20 years 87 Australian Real...

... and is focused on providing clarity around the real estate exposure for a specific investment requirement, the UK DC pension fund market. Kieran Farrelly can be contacted at: kfarrelly@townsendgroup.com © Emerald Group Publishing Limited 2015 Finance Portfolio management Investment Listed...

... and assess real estate, with a view to generating revenue for local authorities. Others proceeded to use direct private sector financing for the construction of municipal infrastructure, in exchange for the right to use public land for commercial development purposes. In Greece, the institutional framework...

...Jenniffer Solomon; William McCluskey Purpose The main purpose of this paper is to reflect on the impact of the financial crisis of 2007 on commercial mortgage backed securities (CMBS) and to consider how market confidence in this form of financing can be re‐established. Design/methodology...

... at hand offers evidence that REIT market irregularities oppose underlying rational human behavior. Real estate Capital markets Finance Underwriting The REITs of this sample appear to herald a performance that is more comparable to capital market stock offerings. The three analyzed periods...

..., soundness of public finances, exchange rate stability and, of course, economic growth. Again an inverse relationship can be argued between long‐term interest rates and property stock prices since low and stable long‐term rates imply a future sound economic performance. There has been an extended...

...Sandy Bond; William N. Kinnard, Jr; Elaine M. Worzala; Steven D. Kapplin While numerous studies have been carried out in the US to determine the character and scope of the effects of contaminated, threatened or “stigmatized” properties on the terms and availability of debt financing, little appears...

... conducted in the last quarter of 1994, an evaluation of science parks as an investment opportunity to date is made, and on the basis of this evaluation assessment of their ongoing investment potential is proffered. © MCB UP Limited 1996 Finance Funding High technology Investment property...

...Steven P. Mooney; Kate Mooney Provides a review and synthesis of the finance literature regarding foreign investment and the real estate literature dealing with foreign investment in US real estate. Addresses the motivations for investing in US real estate, including the potential for increased...

...Paul Falvey Examines the Finance Act 1988, which introduced significant reforms to the calculation of capital gains tax (CGT). Briefly outlines the nature of the main changes concerning the taxation of transactions in land and assesses their likely impact on property valuation and valuers...