Real Estate
Author(s): Professor Simon Stevenson interviewed by Ben Sawtell
Simon Stevenson, Professor of Finance and head of real estate courses at the Cass Business School, is heavily engaged in real estate research. Professor Simon Stevenson a Cass Expert, is interviewed by Ben Sawtell from Cass Press Office. Inculded is the transcript and a summary of the key points.
Updated: 02/09/2010 | Comments: 0 | Rating: 4/5 | Total ratings: 1 | Views: 379 | 
Author(s): Danny DiNardo, BNP Paribas, John A. Anderson, Cass Business School
This paper examines whether unleveraged REITs in Dubai help optimize the risk/return characteristics of a mixed asset portfolio.
Updated: 04/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 197
This paper contrasts the costs and benefits of leasing, rather than owning, real estate assets.
Updated: 04/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 265
Author(s): Simon Stevenson, Cass Business School, City University London, John Cotter, University College Dublin
Using a time-varying approach, this paper examines the dynamics of volatility in the REIT sector. The results highlight the attractiveness and suitability of using GARCH based approaches in the modeling of daily REIT volatility. The paper examines the influencing factors on REIT volatility, documenting the return and volatility linkages between REIT sub-sectors and also examines the influence of other US equity series. The results contrast with previous studies of monthly REIT volatility. Linkages within the REIT sector and with related sectors such as value stocks are diminished, while the general influence of market sentiment, coming through the large cap indices is enhanced. This would indicate that on a daily basis general market sentiment plays a more fundamental role than more intuitive relationships within the capital markets.
Updated: 04/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 113
Author(s): Simon Stevenson, Cass Business School, John Cotter, University College Dublin
This article examines long memory for alternative risk measures, observed absolute and squared returns for Daily Equity real estate investment trust (REITs) and compares the findings for a market equity index.
Updated: 05/09/2010 | Comments: 0 | Rating: Not yet rated | Views: 107
