Journal of Property Investment & Finance: Volume 20 Issue 6


Table of contents

Capital structure and profitability of the property and construction sectors in Hong Kong

Chiang Yat Hung, Chan Ping Chuen Albert, Hui Chi Man Eddie

This paper examines the inter‐relationship between profitability, cost of capital and capital structure among property developers and contractors in Hong Kong. Whilst major…


An international analysis of real estate journals

Graeme Newell, Peter Acheampong, Roger Juchau, Chau Kwong Wing, James R. Webb

The leading real estate journals in the USA, UK, Asia and Australia are analysed over 1991‐2000 to assess the impact of international real estate research in these journals. It is…


Option pricing for real estate development: Hong Kong Disneyland

Barbara Y.P. Leung, Eddie C.M. Hui

It is well known that the traditional net present value (NPV) approach fails to take account of the multiple effects arising from the interactions of the operating and strategic…


REITs in the decentralized investment industry

Kevin C.H. Chiang, Ming‐Long Lee

Existing studies provide conflicting results regarding whether real estate investment trusts (REITs) effectively optimize and diversify institutional portfolios. Based on the…


A comparison of upward‐only and turnover leases

Patric H. Hendershott

The upward‐only lease is the dominant rental contract in the UK, while the turnover lease is widely used in the US retail sector. This paper compares and contracts the landlord…

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Emerald Publishing Limited

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  • Nick French