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Volumn 32, Issue 1, 2015, Pages 2-16

Flight to quality? An investigation of changing price spreads in commercial real estate markets

Author keywords

Commercial real estate; Investment markets; Real estate cycles; Risk return relationship

Indexed keywords


EID: 84924027209     PISSN: 10867376     EISSN: None     Source Type: Journal    
DOI: 10.1108/SEF-10-2013-0155     Document Type: Article
Times cited : (11)

References (18)
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  • 3
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    • Timing and holding periods of institutional real estate
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    • Collett, D.1    Lizieri, C.2    Ward, C.3
  • 4
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    • The flight-to-quality effect: A copula-based analysis
    • Durand, R.B., Junker, M. and Szimayer, A. (2010), “The flight-to-quality effect: a copula-based analysis”, Accounting and Finance, Vol. 50 No. 2, pp. 281-299.
    • (2010) Accounting and Finance , vol.50 , Issue.2 , pp. 281-299
    • Durand, R.B.1    Junker, M.2    Szimayer, A.3
  • 5
    • 30244577347 scopus 로고    scopus 로고
    • Controlling for the impact of variable liquidity in commercial real estate price indices
    • Fisher, J., Gatlaff, D., Geltner, D. and Haurin, D. (2003), “Controlling for the impact of variable liquidity in commercial real estate price indices”, Real Estate Economics, Vol. 31 No. 2, pp. 269-303.
    • (2003) Real Estate Economics , vol.31 , Issue.2 , pp. 269-303
    • Fisher, J.1    Gatlaff, D.2    Geltner, D.3    Haurin, D.4
  • 6
    • 3042631911 scopus 로고    scopus 로고
    • An analysis of the determinants of transaction frequency of institutional commercial real estate investment property
    • Fisher, J., Gatlaff, D., Geltner, D. and Haurin, D. (2004), “An analysis of the determinants of transaction frequency of institutional commercial real estate investment property”, Real Estate Economics, Vol. 32 No. 2, pp. 239-264.
    • (2004) Real Estate Economics , vol.32 , Issue.2 , pp. 239-264
    • Fisher, J.1    Gatlaff, D.2    Geltner, D.3    Haurin, D.4
  • 10
    • 0041601925 scopus 로고
    • The motivation for institutional real estate sales and implications for asset class returns
    • Guilkey, D., Miles, M. and Cole, R. (1989), “The motivation for institutional real estate sales and implications for asset class returns”, AREUEA Journal, Vol. 17 No. 1, pp. 70-82.
    • (1989) AREUEA Journal , vol.17 , Issue.1 , pp. 70-82
    • Guilkey, D.1    Miles, M.2    Cole, R.3
  • 12
    • 85142248661 scopus 로고    scopus 로고
    • The probability of sale for residential real estate
    • Johnson, K.H., Benefield, J.D. and Wiley, J.A. (2007), “The probability of sale for residential real estate”, Journal of Housing Research, Vol. 16 No. 2, pp. 131-142.
    • (2007) Journal of Housing Research , vol.16 , Issue.2 , pp. 131-142
    • Johnson, K.H.1    Benefield, J.D.2    Wiley, J.A.3
  • 13
    • 41149116572 scopus 로고    scopus 로고
    • Avoiding taxes at any costs: The economics of tax deferred real estate exchanges
    • Ling, D. and Petrova, M. (2008), “Avoiding taxes at any costs: the economics of tax deferred real estate exchanges”, Journal of Real Estate Finance and Economics, Vol. 36 No. 4, pp. 367-404.
    • (2008) Journal of Real Estate Finance and Economics , vol.36 , Issue.4 , pp. 367-404
    • Ling, D.1    Petrova, M.2
  • 14
    • 84924036256 scopus 로고    scopus 로고
    • Rank discontent over building classification
    • Online edition, November
    • Scheff, J. (2006), “Rank discontent over building classification”, The Real Deal: New York Real Estate News, Online edition, November.
    • (2006) The Real Deal: New York Real Estate News
    • Scheff, J.1
  • 17
    • 84893943671 scopus 로고    scopus 로고
    • Working Paper, University of Michigan Business School, MI
    • Zheng, L. (1998), “Who moves the market?”, Working Paper, University of Michigan Business School, MI.
    • (1998) Who moves the market?
    • Zheng, L.1
  • 18
    • 77954707974 scopus 로고    scopus 로고
    • Comovements of different asset classes during market stress
    • Pilpack, J. and Straetmans, S. (2010), “Comovements of different asset classes during market stress”, Pacific Economic Review, Vol. 15 No. 3, pp. 385-400.
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    • Pilpack, J.1    Straetmans, S.2


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