Purpose – The purpose of this paper is to observe the decision‐making behavior of real estate investors, both novice and experts. In doing so, the study looks at the information content of the decision‐making process of these players involved in real estate investments....

Purpose – The purpose of this paper is to consider the operating performance of real estate investment trust initial public offerings (REIT IPOs) as a measure to find additional evidence of market timing in this sector. Design/methodology/approach – A sample of REIT IPOs is analyzed to...

Purpose – The purpose of this study is to look at the market reaction to stock dividend announcements of real estate investment trusts (REITs) and further look at their determinants. Design/methodology/approach – The paper uses standard event methodology for market reaction to determine...

The purpose of this paper is to determine the impact of real estate agents on the price of houses that are located close to an environmental disamenity. Our main hypothesis is that real estate agents obtain higher prices than those theoretically expected when the houses are located closer to an...