Purpose Liquidity is an important aspect of market efficiency. The purpose of this paper is
threefold: first, this paper aims to discuss indicators that provide information about liquidity in …

Loss aversion behavior plays a major role in the pricing of commercial properties, and it
varies both across the type of market participants and across the cycle. We find that …

In this article, we consider how different dimensions of liquidity have been measured in
financial markets and for various forms of real estate investment. The purpose of this …

This article presents a methodology for producing a quarterly transactions-based index (TBI)
of property-level investment performance for US institutional real estate. Indices are …

This paper explores private equity real estate fund performance and voluntary
environmental, social, and governance (ESG) disclosures. Using data from the National …

Commercial real estate investors differ in their sentiment due to factors such as market
expertise, investment strategies and expectations about future market conditions. Focusing …

This paper investigates the observed heterogeneity in the liquidity of agricultural land
markets. We adopt a real options model to determine the value of an opportunity to sell …

In this study, we provide new evidence on the performance measurement and reporting of
commercial real estate returns. We do so by examining the accuracy of commercial real …

Over the last 20 years, online shopping has evolved into a major threat to the physical retail
store. We investigate whether retail real estate investors price e-commerce as an investment …

The role of selling (or marketing) period uncertainty in understanding risk associated with
property investment is examined in this paper. Using an approach developed by Lin (2004) …