This paper argues for the development of a theory that explains the evolution of property capital flows in Central European transitional economies. The foundation for a property investment development path (PIDP) theory primarily builds on John Dunningís extensive work on multinational...

This paper compares the corporate real estate holdings of European and US multinational corporations. The authors initially develop several benchmarks based on accounting and balance sheet information, and then test for significant differences by industries and sectors between European and US...

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