...Wei Kang Loo Purpose The purpose of this study is to evaluate the performance of the ensemble learning models, such as the Random Forest and Extreme Gradient Boosting models, in predicting the direction of the Japan real estate investment trusts (J-REITs) at different return horizons, based...

...Yu Cheng Lin; Chyi Lin Lee; Graeme Newell Purpose Residential Real Estate Investment Trusts in Japan (residential J-REITs) have become an increasingly significant listed property sector recently. The purpose of this paper is to assess the effectiveness of residential J-REITs in a mixed-asset...

...Ming‐Chu Chiang; I‐Chun Tsai; Tien‐Foo Sing Purpose The goal of this research is to investigate the time‐varying relationship between REITs and the stock markets in four Asian markets such as Taiwan, Hong Kong, Singapore and Japan. Design/methodology/approach The Multivariate GARCH‐vech model...

...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...

... of risk reduction using REIT futures contracts to hedge the return on REITs based on the empirical evidence from Australia and Japan. In contrast to Newell and Tan (2004) and Newell (2010) , this current study examines the extent of risk reduction for the first time. This study emphasises on how...

...Chien‐Yun Chang; Jian‐Hsin Chou; Hung‐Gay Fung Purpose The study uses an AR(1)‐EGARCH(1,1) model to investigate the pricing behaviors of the real estate investment trusts (REITs) for four countries (Australia, Japan, Taiwan and the USA) before and after the 2007 financial crisis. Design...

...Chihiro Shimizu; Koji Karato; Yasushi Asami Purpose When Japan's asset bubble burst, the office vacancy rate soared sharply. This study seeks to target the office market in Tokyo's 23 special wards during Japan's bubble burst period. It aims to define economic conditions for the redevelopment...

... Hong Kong Japan United Kingdom Investors in real estate can choose to hold it directly by investing in physical (unsecuritzed) property, or indirectly through the purchase of shares in Real Estate Investment Trusts (REITs) or real estate operating companies, in short, real estate companies...

...Chihiro Shimizu; Kiyohiko Nishimura Purpose This paper seeks to investigate the nature and magnitude of the distortion in appraisal land price information according to change in the market, with a special focus on the Government's Published Land Prices. Design/methodology/approach In Japan...

...Eamonn D'Arcy; Sotiris Tsolacos; Kim Hiang Liow; Joseph Ooi; Yantao Gong Purpose Aims to investigate the long‐run and short‐term relationships among four Asian property stock markets of Japan, Hong Kong, Singapore and Malaysia; and four European property stock markets of UK, France, Germany...

... to built asset return has a substantial effect on increasing land prices, which implies that an increase in uncertainty leads to an increase in land prices. © MCB UP Limited 2001 Real options Pricing Modelling Japan Lands for residential or commercial uses are priced according to both...

... if it installs the project today. However, the present value may be different if the capacity is installed in the future. Similarly, we assume that F_n follows: (see equation 5) where: Real options Modelling Japan Real estate Return process of a real estate does...

...Shunichi Maekawa In the past, the profit from property investments was always higher than that from other assets, because of the expectation of high rates of increase in land prices. However, as Japan′s economic growth has been slowing down, these circumstances for property investments have changed...

... 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...