This article is the winner of the International Real Estate Investment/ Portfolio Management manuscript prize (sponsored by LaSalle Investment Management) presented at the American Real Estate Society Annual Meeting. This article tests for the presence of both price continuation and price...

The analysis of apartment sub-markets and the modelling of such markets have attracted a considerable degree of attention recently. This study compares apartment submarkets within a major European city. The price behaviour of the Dublin, Ireland apartment market is tested using hedonic models...

This study examines the relationship between guide and sale prices for residential properties in Greater Dublin during the recent housing boom. The results indicate that degrees of divergence can be present, auctioned properties tend to sell more frequently at a premium to their guide price and...

This paper compares the performance of three alternative models in forecasting housing supply in the Irish Republic. The results highlight key behavioural issues in the dynamics of housing supply that the OLS and VAR models fail to adequately capture due to the inclusion of fundamental variables...

The issue of whether Real Estate Investment Trusts (REITs) should pursue a focused or diversified investment strategy remains an ongoing debate within both the academic and industry communities. This article considers the relationship between REITs focused on different property sectors in a...

This paper examines house price diffusion with the Republic of Ireland and between the Republic and Northern Ireland. The results show that a large degree of diffusion takes place, particularly from Dublin to the other regions, in a manner that is similar and consistent with the UK ripple...

This paper re-examines the issue of property's role in a mixed asset portfolio. Using Irish data it expands on the existing literature by extending the universe of assets to include international equity and fixed income markets. The results show that property maintains a reasonably high...

This paper examines the impact of the collapse of Olympia & York on the performance of 42 UK property securities. Different event study methodologies are used to test for the presence of a contagion effect and intra-industry information transfers. While significant results are not obtained for...

The study examines four alternative rental forecasting models in the context of the London office market. The forecasting ability of an ARIMA model, a Bayesian Vector Autoregression approach, an OLS based single equation model and a simultaneous equation model are compared and contrasted. The...