Cyclical co-movements of private real estate, public real estate and equity markets: a cross-continental spectrum
(2017)
Journal Article
Devaney, S., & Xiao, Q. (2017). Cyclical co-movements of private real estate, public real estate and equity markets: a cross-continental spectrum. Journal of Multinational Financial Management, 42-43, 132-151. https://doi.org/10.1016/j.mulfin.2017.10.002
Whether returns from investing in real estate shares reflect equity market or real estate market trends is an important question for investors seeking liquid, low cost exposure to real estate. We consider the relationship between real estate shares,... Read More about Cyclical co-movements of private real estate, public real estate and equity markets: a cross-continental spectrum.