Journal of Property Investment & Finance: Volume 41 Issue 1

Editorial: Comments on the 2021 journal rankings

Graeme Newell

Commercial real estate finance and the lending cap rate

Jeffrey Stokes, Arthur Cox

The aim of this study is to report on a simple derivation that results in what the authors refer to as the lending cap rate. The lending cap rate is a unique cap rate resulting in…

Causal relationships between the price-to-rent ratio and macroeconomic factors: a UK perspective

Daniel Lo, Michael McCord, Peadar T. Davis, John McCord, Martin Edward Haran

House price-to-rent (P-t-R) ratios are among the most widely used measures of housing market conditions. Given the theoretical and apparent bidirectional, causal relationships and…

Determinants of the prices of residential properties in Pakistan

Abdul Wahid, Oskar Kowalewski, Edmund H. Mantell

This research aims to identify the statistically significant characteristics of a hedonic model to explain the pricing of residential properties in two cities in Pakistan.

Are secondary equity offerings of Black Economic Empowerment (BEE) REITs less underpriced than non-BEE REITs?

Oluwaseun Damilola Ajayi, Omokolade Akinsomi

The purpose of this paper is to contribute to the literature on secondary equity offerings (SEOs) by examining the impact of the Black Economic Empowerment (BEE) policy on…

The PropTech investors' dilemma – What are the key success factors that secure survival?

Andreas Joel Kassner, Marcelo Cajias, Bing Zhu

The real estate industry is known as a late adopter when it comes to changes and innovations. While the industry is slowly evolving, parts of the sector are increasingly being…

Feasibility practices of types of property developers

Matthew Moorhead, Lynne Armitage, Martin Skitmore

The purpose of this study is to analyse the current relationships between developer characteristics in terms of dominant property type (residential, commercial, retail…

Impact of visibility on indoor retail store rent

Ahmad Gamal, Muhammad Joko Romadhon

The aim of this research is to provide a new understanding of the concept of visibility in the realm of property research. Further, this study could propose a more accurate way of…