International real estate

Advances in International Investments: Traditional and Alternative Approaches

Volumn , Issue , 2008, Pages 161-186

  Patterson, Gary A ^a  

^a UNIVERSITY OF SOUTH FLORIDA   (United States)

Author keywords

Diversification, investments; International; Real estate; Real estates investment trusts (REITs)

Indexed keywords

EID: 84967529523     PISSN: None     EISSN: None     Source Type: Book    
DOI: 10.1142/9789812770363_0007     Document Type: Chapter

References (27)

1. Addae-Dapaah, K. and H. L. Loh, 2005, Exchange rate volatility and international real estate diversification: A comparison of emerging and developed economies, Journal of Real Estate Portfolio Management, 11(3), 225-240.
2. Arrunada, B., 2001, A global perspective on title insurance, Housing Finance International, 16(2), 3-11.
3. Bloomberg, 2004, Global capital flows surging into property, The Business Times, June 15.
4. Barry, C. B., M. Rodriguez, and J. B. Lipscomb, 1996, Diversification potential from real estate companies in emerging capital markets, Journal of Real Estate Portfolio Management, 2(2), 107-118.
5. Boer, D., D. Brounen, and H. Op’t Veld, 2005, Corporate focus and stock performance: International evidence from listed property markets, Journal of Real Estate Finance and Economics, 31(3), 263-281.
6. Bond, S. A., M. Dungey, and R. Fry, 2006, A web of shocks: Crisis across Asian real estate markets, The Journal of Real Estate Finance and Economics, 32, 253-274.
7. Brueggman, W. G., J. D. Fisher, and D. M. Porter, 1990, Rethinking corporate real estate, Journal of Applied Corporate Finance, 3(1), 39-50.
8. Cheong, K. and C. S. Kim, 1997, Corporate real estate holdings and the value of the firm in Korea, Journal of Real Estate Research, 13(3), 273-295.
9. Downs, D. H., H.-G. Fung, G. A. Patterson, and J. Yau, 2003, The linkage of REIT income- and price-returns with fundamental economic variables, The Journal of Alternative Investments, 6(1), 39-50.
10. Eichholtz, P. M. A., R. Huisman, K. Koedijk, and L. Schuin, 1998, Continental factors in international real estate returns, Real Estate Economics, 26(3), 493-509.
11. Eichholtz, P. M. A., 1996, Does international diversification work better for real estate than for stocks and bonds? Financial Analysts Journal, 52(1), 56-62.
12. Gerlach, R., P. Wilson, and R. Zurbruegg, 2006, Structural breaks and diversification: The impact of the 1997 Asian financial crisis on the integration of Asia-Pacific real estate markets, Journal of International Money and Finance, 25, 974-991.
13. Glascock, L., C. Lu, and R. W. So, 2002, REIT returns and inflation: Perverse or Reverse Causality Effects? Journal of Real Estate Finance and Economics, 24(3), 301-317.
14. Gyourko, J. and D. B. Keim, 1992, What does the stock market tell us about real estate returns? Journal of the American Real Estate and Urban Economics Association, 20(3), 457-485.
15. Hamelink, F. and M. Hoesli, 2004, What factors determine international real estate security returns? Real Estate Economics, 23(3), 437-462.
16. Jacobius, A., 2006, International REITs provide little diversification benefit, Pensions and Investments, 32(15), 21-22.
17. Ling, D. C. and A. Naranjo, 2002, Commercial real estate return performance: A cross-country analysis, Journal of Real Estate Finance and Economics, 24(1/2), 119-142.
18. Liow, K. H., 1999, Corporate investment and ownership in real estate in Singapore: Some empirical evidence, Journal of Corporate Real Estate, 1(4), 329-342.
19. Liow, K. H., 2004, Corporate real estate and stock market performance, The Journal of Real Estate Finance and Economics, 29(1), 119-140.
20. Liu, C. H. and J. Mei, 1998, The predictability of international real estate markets, exchange rate risks and diversification consequences, Real Estate Economics, 26(1), 3-39.
21. Seiler, M. J., A. Chathrath, and J. R. Webb, 2001, Real asset ownership and the risk and return to stockholders, Journal of Real Estate Research, 22(1/2), 199-212.
22. Wilson, P. J., S. Stevenson, and R. Zurbruegg, 2007, Foreign property shocks and the impact on domestic securitized real estate markets: An unobserved components approach, Journal of Real Estate Finance and Economics, 34, 407-424.
23. Worzala, E. and G. Newell, 1995, International real estate: A review of strategic investment issues, Journal of Real Estate Portfolio Management, 3(2), 87-96.
24. Wurm, J.-B, 2006, How US-style title insurance is transforming risk management in European real estate markets, Housing Finance International, 20(4), 16-19.
25. Ziobrowski, A. and R. J. Curcio, 1991, Diversification benefits of US real estate to foreign investors, Journal of Real Estate Research, 6(2), 119-142.
26. Hines, M. A., 1990, Global Corporate Real Estate Management: A Handbook for Multinational Businesses and Organizations, New York: Quorum Books.
27. Hines, M. A., 2001. Investing in International Real Estate, New York: Quorum Books.