Purpose: This paper aims to examine the relationship between the use of public debt and investment activity of European listed real estate companies. Design/methodology/approach: Using a hand-collected sample of debt structures of 102 European public real estate companies, and using European...

Purpose: The purpose of this paper is to investigate the effect of Alternative Investment Fund Managers Directive (AIFMD) on European private equity real estate (PERE) industry. Design/methodology/approach: The paper draws upon a set of 12 semi-structured interviews with European PERE fund...

The article studies the development of the public real estate equity sector. The paper describes and analyses the legislative development regarding the sector and the vehicles provided. It discusses the past development of public commercial real estate equity investments in Finland and their...

Office market modelling has attracted a mounting amount of interest among researchers and practitioners during past decades. Growing research activity in the area is not surprising considering the importance of rent on property values. Nonetheless, very little quantitative research on Finnish...

<title>ABSTRACT</title> Covered bonds are an alternative way of investing indirectly in the debt side of real estate, which is beneficial for investors looking for alternatives to government or corporate bonds. Due to the dual nature of the protection offered by covered bonds, they have a justified place in...

<title>Abstract</title> This paper studies the market selection criteria in international real estate investments. It presents the results of a questionnaire study among internationally investing property investors in Europe. The results indicate that the most important factors for market selection are safety...

<title>Abstract</title> The Finnish commercial property market internationalised rapidly in the beginning of the 21st century. According to the portfolio theory and previous research on international property investments, the main motivation factor driving international real estate investments is the...

<title>ABSTRACT</title> Listed real estate companies can be divided into two categories: real estate operating companies (REOCs) and real estate investment trusts (REITs). REOCs have been around for quite a while, whereas REITs are a somewhat new phenomenon in Europe, the main differences pertaining to...

Purpose – The purpose of this paper is to find out the green preferences of corporate occupiers in relation to their occupied offices. The study aims to focus on the preferences of the end‐users at the organisational level. It also aims to study the relative importance of these preferences...

Purpose – The relationship between ownership structure and firm value has long been of interest in the academic society. The purpose of this paper is to study the relationship between European real estate investment trusts' (REITs) ownership structure and the observed firm value as measured by...