Journal of European Real Estate Research: Volume 7 Issue 2

The impact of liquidity on the valuation of European real estate securities

Alex Moss, Nicole Lux

The purpose of this paper is to test the hypothesis that the valuations of European real estate securities are, in part, determined by the relative liquidity in the companies’…

Are property derivatives a leading indicator of the real estate market?

Pierre-Arnaud Henri Drouhin, Arnaud Simon

This paper aims to analyze the statistical characteristics of changes in property forward prices. As highlighted in a survey conducted at the MIT Center for Real Estate in 2006…

Valuing green building certificates as real options

Jussi Vimpari, Seppo Junnila

The purpose of this study is first to evaluate whether real options analysis (ROA) is suitable for valuing green building certificates, and second to calculate the real option…

Performance and significance of UK-listed infrastructure in a mixed-asset portfolio

Joseph Bamidele Oyedele

This paper aims to examine the performance of UK-listed infrastructure over a unique investment period covering the global financial crisis and investigates the significance of UK…

Institutions in rural land transactions: Evidence from The Netherlands

Alexander Woestenburg, Erwin van der Krabben, Tejo Spit

This article aims at analysing the different institutional aspects of the rural land market that are manifest at the transactional level. Second, it answers the question whether…

The challenges facing real estate societies

Eamonn D’Arcy and Stanley McGreal