Table of contents
New housing supply and price reactions: evidence from Spanish markets
Paloma Taltavull de la PazThe paper develops a housing model equation for Spain and selected regions to estimate new supply elasticity. The aim of the paper is to assess the role of housing supply on price…
Idiosyncratic risk and the cross-section of European real estate equity returns
Kai-Magnus SchulteThis study is the first to examine the role of idiosyncratic risk in the pricing of European real estate equities. The capital asset pricing model predicts that in equilibrium…
Liquidity and real estate asset pricing: a pan-European study
Alexander Scholz, Stephan Lang, Wolfgang SchaefersUnderstanding the pricing of real estate equities is a central objective of real estate research. This paper aims to investigate the impact of liquidity on European real estate…
German real estate funds: changes in return distributions and portfolio favourability
Michael SteinSince 2008, the German open-ended real estate fund (GOEREF) industry has experienced a critical phase of suspensions of redemption of fund shares, announced fund terminations and…
Measuring European property investment performance: comparing different approaches
Steven DevaneyPrice indices for commercial real estate markets are difficult to construct because assets are heterogeneous, they are spatially dispersed and they are infrequently traded…
ISSN:
1753-9269Online date, start – end:
2008Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Prof Paloma Taltavull