Value versus Growth International Real Estate Investment

International Real Estate Review

This paper applies the Hodrck-Prescott (HP) filter to forecast short-term residential real estate prices under cyclical movements. We separate the trend component from the cyclical component. We show that each regional residential market reacts not only to previous price movements, but also that these regional markets react to previous shocks under Auto Regressive Integrated Moving Average (ARI...

International Real Estate Investments :

In the past, international real estate investment has consisted of direct equity investment in foreign countries. Such investments have traditionally been considered to provide diversification benefits given that it was assumed that such properties were affected predominately by their respective domestic economies. Of course another benefit of international investment is the ability to seek out...

Integration And Segmentation In European Investment Services Markets: Assessing The Implications For International Real Estate Investment

Do Real Estate Shocks Affect Corporate Investment?

Comments Welcome Insider Ownership and Corporate Value: Evidences from Real Estate Investment Trusts

Real estate investment trusts (REITs) provides us a unique laboratory to study the relation between insider ownership and ̄rm value, since REITs have to satisfy special regulations which render alternative mechanisms to control agency problems ine®ective. After controlling for unobserved ̄rm heterogeneity, we still ̄nd a signi ̄cant nonlinear relation between REIT insider ownership and Tobin's Q...