Journal of Property Investment & Finance: Volume 40 Issue 2

Editorial – Property investment – What is it worth?

Nick French

The determinants of capitalisation rates: evidence from the US real estate markets

Matt Larriva, Peter Linneman

Establishing the strength of a novel variable–mortgage debt as a fraction of US gross domestic product (GDP)–on forecasting capitalisation rates in both the US office and…

COVID-19 and the daily rate of return of three major industry sector stock price indices related to real estate

Hyesook Min, Seungwoo Shin, Paloma Taltavull de La Paz

This paper analyzes how three major industrial stock indices related to South Korean real estate industries are affected by the exogenous shock of the measures taken to control…

Cognitive bias, intuitive attributes and investment decision quality in commercial real estate in Uganda

Moses Munyami Kinatta, Twaha Kigongo Kaawaase, John C. Munene, Isaac Nkote, Stephen Korutaro Nkundabanyanga

This study examines the relationship between investor cognitive bias, investor intuitive attributes and investment decision quality in commercial real estate in Uganda.

Sale and leaseback to market cap rate ratio in emerging markets – an empirical study in Vietnam

Quan Le Truong, Chung Yim Yiu

This study hypothesises that sale and leaseback (SLB) cap rate is lower than the market cap rate in emerging economies, and the difference is due to institutional cost and vacancy…

Money supply, exchange rates and office market dynamics: comparative evidence from the UK and Germany

Alain Coën, Benoit Lefebvre

The aim of this study is to shed light on the relative importance of money supply and exchange rates variations on office markets prices dynamics.

Real Estate Insights Strategic planning policy post-pandemic: the “Great Land Question”

John Ratcliffe

This paper aims to explore the case for the radical reform of land policy worldwide. It does so, however, in the context of present problems posed by the prevailing coronavirus…

Practice Briefing China's commercial real estate recovery, REITs and tax policies

Olivia Muszynski, Mine E. Cinar

Commercial property market allows for the potential development of a similar real estate investment trust (REIT) structure in China as the commercial REITs (C-REIT) such as those…