Purpose – Aims to explain the rationale for producing an issue on the topic of real estate investing and how these articles fit together. Design/methodology/approach – Essay format. Findings – Real estate is probably the largest category of assets for investors and the works in this issue...

Purpose – Aims to test to determine whether the selection of the historical return time interval (monthly, quarterly, semiannual, or annual) used for calculating real estate investment trust (REIT) returns has a significant effect on optimal portfolio allocations. Design/methodology/approach...

Purpose – This study seeks to examine the market returns of five domestic real estate investment trust (REIT) indices to determine whether they exhibit a turn‐of‐the‐month (TOM) effect. Design/methodology/approach – A test is carried out for the TOM effect by employing a battery of...

Purpose – This study sets out to focus on the identification of determinants of real estate limited partnership (REIT) capital structure from a market perspective. Design/methodology/approach – This study uses ordinary least squares regression to test whether REIT capital structure is...

Purpose – The purpose of this paper is to analyze the effects of individual manager characteristics on real estate mutual fund (REMF) performance. Human capital theory predicts that factors like education, experience and professional certifications improve skill sets and thus performance....

Purpose – The purpose of this case study is to examine direct investment in commercial real estate from the perspective of the individual. While most research is dominated by studies concerning direct investment by institutions (REITs, pension funds, etc.), the bulk of direct investment in...

We present five noteworthy papers that contribute new insights to this timeless topic of Dividends and Payout policy. Dividend policy refers to the payout policy that a firm follows in determining the size and pattern of distributions to shareholders over time. For academics, explaining why...

Purpose: The authors present the results of a survey on how Korean firms evaluate new projects and estimate their capital costs. The authors report how Korean firms’ capital budgeting practices compare to other developed countries and to best practices in the field of finance....