We examine co-movements in private commercial real estate index returns and market
liquidity in the US (apartment, office, retail) and for eighteen global cities, using data from …

The improvement of property price modelling accuracy using property market segmentation
approaches is well documented in the housing market. However, that cannot be said of the …

Modelling commercial property price is limited relative to its housing counterpart. This
situation is also applicable in Malaysia with only a handful studies on commercial property …

The property attributes–physical, neighbourhood and location attributes–are incorporated
into Hedonic Pricing Models (HPM) to determine property prices or evaluate the relative …

In this study, we analyze illiquidity premia and their effect on the expected returns of German
real estate securities. To this end, we use a unique data set that includes real estate stocks …

Abstract 'Location, location, location'is a real property parlance mostly used to describe the
influence of location in the property market. Location is mainly considered as the most …

This paper examines the impact of underlying property market liquidity on the liquidity of
publicly traded REIT shares. Our analysis measures firm-level exposure to local, direct real …

This thesis investigates herding behaviour across US metropolitan housing markets.
Herding, the conscious or unconscious copying of behaviour by individuals on a large scale …

Commercial property development and investment provide many benefits to individuals and
governments around the globe; these include the generation of income for investors …

How different is real estate from stocks and bonds? This paper sheds light on this question
with new data and new methods. Analyzing 10,848 commercial properties from 1977 to …