TY  - JOUR
AB  - Examines the inflation‐hedging characteristics of Australian commercial property and property trusts over 1984‐1995. Using the Building Owners and Managers Association property indices for Australian office, retail and industrial property, assesses the role of actual, expected and unexpected inflation. Strong evidence of inflation hedging is evident for Australian office, retail and industrial property. After adjusting for differences in market balance using vacancy rates, slightly less evidence of inflation hedging by Australian office property is evident.
VL  - 7
IS  - 1
SN  - 0958-868X
DO  - 10.1108/09588689610111593
UR  - https://doi.org/10.1108/09588689610111593
AU  - Newell Graeme
PY  - 1996
Y1  - 1996/01/01
TI  - The inflation‐hedging characteristics of Australian commercial property: 1984‐1995
T2  - Journal of Property Finance
PB  - MCB UP Ltd
SP  - 6
EP  - 20
Y2  - 2024/04/26
ER  -