... that there is information in indirect index returns that can usefully help us understand the performance of the direct market and an index is produced of de‐geared monthly real estate share returns for the UK. The results using annual data suggest an increase in the strength of the relationship between direct property...

...Piers Venmore‐Rowland Discusses the performance of equities, direct property and property shares and provides a background for comparing the advantages and disadvantages of these two distinct types of property investments. Highlights the similarities and differences between property shares...