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 …

Using a sample of CCIM designees and candidates in an experimental setting, this study
examines the impact of broker signaling in commercial real estate transactions. It also …

Purpose The purpose of this paper is to use a text-based sentiment indicator to explain
variations in direct property market liquidity in the USA. Design/methodology/approach By …

This study investigates investor sentiment as an explanation for the variation in real estate
market liquidity by accounting for liquidity regimes, different liquidity measures, and investor …

We investigate the determinants of the ex ante risk premium in commercial real estate. Using
a 20-year time series and Markov-switching regression, we find that the ex ante risk …

Trading commercial real estate involves a process of exchange that is costly and which
occurs over an extended and uncertain period of time. This has consequences for the …

This study explores how institutions affect the process of investment and the time it takes to
buy and sell commercial property in Lagos, Nigeria. We isolate institutional factors that …

Purpose–The purpose of this paper is to analyse the gap between government bonds (index-
linked and long-dated) and real estate yields/capitalization rates over time for the UK …

Purpose–Commercial real estate is a highly specific asset: heterogeneous, indivisible and
with less information transparency than most other commonly held investment assets. These …

We analyze international variations in transaction processes and costs in commercial real
estate markets. They are interpreted through a framework emerging from new institutional …