The financial structure and ethos of property companies: an empirical analysis
Author
Abstract
Suggested Citation
DOI: 10.1080/014461997372818
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Richard J. Barkham & Charles W. R. Ward, 1999.
"Investor Sentiment and Noise Traders: Discount to Net Asset Value in Listed Property Companies in the U.K,"
Journal of Real Estate Research, American Real Estate Society, vol. 18(2), pages 291-312.
- Richard Barkham & Charles Ward, 1999. "Investor Sentiment and Noise Traders: Discount to Net Asset Value in Listed Property Companies in the U.K," Journal of Real Estate Research, Taylor & Francis Journals, vol. 18(2), pages 291-312, January.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Richard J. Barkham & Charles W. R. Ward, 1999.
"Investor Sentiment and Noise Traders: Discount to Net Asset Value in Listed Property Companies in the U.K,"
Journal of Real Estate Research, American Real Estate Society, vol. 18(2), pages 291-312.
- Richard Barkham & Charles Ward, 1999. "Investor Sentiment and Noise Traders: Discount to Net Asset Value in Listed Property Companies in the U.K," Journal of Real Estate Research, Taylor & Francis Journals, vol. 18(2), pages 291-312, January.
- Giacomo Morri & Charles Ward, 2005.
"Explaining Deviations from NAV in UK Property Companies: Rationality and Sentimentality,"
ERES
eres2005_259, European Real Estate Society (ERES).
- Giacomo Morri & Pat McAllister & Charles Ward, 2005. "Explaining Deviations From NAV In UK Property Companies: Rationality And Sentimentality," Real Estate & Planning Working Papers rep-wp2005-20, Henley Business School, University of Reading.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Kanak Patel & Ricardo Pereira & Kirill Zavodov, 2009. "Mean-Reversion in REITs Discount to NAV & Risk Premium," The Journal of Real Estate Finance and Economics, Springer, vol. 39(3), pages 229-247, October.
- Philipp Gerlach & Raimond Maurer, 2020. "The Growing Importance of Secondary Market Activities for Open-end Real Estate Fund Shares in Germany," Schmalenbach Business Review, Springer;Schmalenbach-Gesellschaft, vol. 72(1), pages 65-106, February.
- Crystal Lin & Hamid Rahman & Kenneth Yung, 2009. "Investor Sentiment and REIT Returns," The Journal of Real Estate Finance and Economics, Springer, vol. 39(4), pages 450-471, November.
- Omokolade Akinsomi & Yener Coskun & Rangan Gupta & Chi Keung Marco Lau, 2016.
"Impact of Volatility and Equity Market Uncertainty on Herd Behavior: Evidence from UK REITs,"
Working Papers
201688, University of Pretoria, Department of Economics.
- Kola Akinsomi & Yener Coskun & Rangan Gupta & Marco Lau Chi Keung, 2018. "Impact of Volatility and Equity Market Uncertainty on Herd Behaviour: Evidence from UK REITs," ERES eres2018_52, European Real Estate Society (ERES).
- Mohammad Sharik Essa & Evangelos Giouvris, 2023. "Fama–French–Carhart Factor-Based Premiums in the US REIT Market: A Risk Based Explanation, and the Impact of Financial Distress and Liquidity Crisis from 2001 to 2020," IJFS, MDPI, vol. 11(1), pages 1-39, January.
- Muhammad Kashif Imran & Arifa Saeed & Safia Nosheen & Sumaira Rasheed, 2024. "Determining Performance of REIT (REIT): The Case of G-7 Economies," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 13(1), pages 307-318.
- Ramiah, Vikash & Xu, Xiaoming & Moosa, Imad A., 2015. "Neoclassical finance, behavioral finance and noise traders: A review and assessment of the literature," International Review of Financial Analysis, Elsevier, vol. 41(C), pages 89-100.
- Daniel Huerta & Peter V. Egly & Diego Escobari, 2016.
"The Liquidity Crisis, Investor Sentiment, and REIT Returns and Volatility,"
Journal of Real Estate Portfolio Management, Taylor & Francis Journals, vol. 22(1), pages 47-62, January.
- Huerta, Daniel & Egly, Peter V. & Escobari, Diego, 2015. "The Liquidity Crisis, Investor Sentiment, and REIT Returns and Volatility," EconStor Preprints 123499, ZBW - Leibniz Information Centre for Economics.
- Huerta, Daniel & Egly, Peter V. & Escobari, Diego, 2015. "The Liquidity Crisis, Investor Sentiment, and REIT Returns and Volatility," MPRA Paper 68155, University Library of Munich, Germany.
- Pierpaolo Pattitoni & Barbara Petracci & Massimo Spisni, 2011. "Fee Structure, Financing, and Investment Decisions: The Case of REITs," Working Paper series 30_11, Rimini Centre for Economic Analysis.
- Séverine CAUCHIE & Martin HOESLI, 2004.
"The Integration of Securitized Real Estate and Financial Assets,"
FAME Research Paper Series
rp111, International Center for Financial Asset Management and Engineering.
- Severine Cauchie & Martin Hoesli, 2004. "The integration of securitized real estate and financial assets," ERES eres2004_574, European Real Estate Society (ERES).
- Prashant Das & Julia Freybote & Gianluca Marcato, 2015. "An Investigation into Sentiment-Induced Institutional Trading Behavior and Asset Pricing in the REIT Market," The Journal of Real Estate Finance and Economics, Springer, vol. 51(2), pages 160-189, August.
- Liow, Kim Hiang, 2003. "Property Company Stock Price and Net Asset Value: A Mean Reversion Perspective," The Journal of Real Estate Finance and Economics, Springer, vol. 27(2), pages 235-255, September.
- Kumala, Calvin & Ye, Zhen & Zhu, Yite & Ke, Qiulin, 2024. "Why does price deviate from net asset value? The case of Singaporean infrastructure REITs," International Review of Financial Analysis, Elsevier, vol. 93(C).
- Daniel Huerta-Sanchez & Diego Escobari, 2018. "Changes in sentiment on REIT industry excess returns and volatility," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 32(3), pages 239-274, August.
- Kevin Chiang & Ming-Long Lee, 2010. "The Role of Correlated Trading in Setting REIT Prices," The Journal of Real Estate Finance and Economics, Springer, vol. 41(3), pages 320-338, October.
- Kim Hiang LIOW & Sherry YEO, 2018. "Dynamic Relationships between Price and Net Asset Value for Asian Real Estate Stocks," IJFS, MDPI, vol. 6(1), pages 1-17, March.
- Christian Weis & René-Ojas Woltering & Steffen Sebastian, 2018. "New Insights into the NAV Spread Puzzle of Listed Real Estate: Idiosyncratic and Systematic Evidence," ERES eres2018_224, European Real Estate Society (ERES).
- Ryan G. Chacon & Dan W. French & Kuntara Pukthuanthong, 2021. "The Information Content of NAV Estimates," The Journal of Real Estate Finance and Economics, Springer, vol. 63(4), pages 598-629, November.
- Devaney, Steven & Xiao, Qin, 2017. "Cyclical co-movements of private real estate, public real estate and equity markets: A cross-continental spectrum," Journal of Multinational Financial Management, Elsevier, vol. 42, pages 132-151.
- Nai Jia Lee & Tien Foo Sing & Dinh Hoang Tran, 2013. "REIT Share Price and NAV Deviations: Noise or Sentiment?," International Real Estate Review, Global Social Science Institute, vol. 16(1), pages 28-47.
More about this item
Keywords
Property; Trading; Investment; Development; Gearing; Bank; Contractor; Cycle;All these keywords.
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:conmgt:v:15:y:1997:i:5:p:441-456. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RCME20 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.