This study examines the stock price reactions to the announcements of corporate real estate disposals by listed non-property … show that the cumulative abnormal returns associated with the property disposals differ significantly in different economic … conditions. Price reaction for property disposals before the Asian financial crisis is consistent with the normal investor …

Listed property trust (LPTs) have been the most successful indirect property investment vehicle in Australia. Surveys … and Myer, 1995; Wilson and Okunev, 1996, 1999; Wilson et al, 1998), the equivalent relationship between property trusts …

The listed property trust (LPT) sector has undergone considerable change in recent years, including increased levels of … international property, increased levels of debt, incorporating property development activities via use of stapled securities …, significant mergers and acquisitions, and including emerging property sectors in LPT portfolios. By analysing LPT performance over …

Fractional interests in commercial property have taken on increased importance as institutional investors seek to … manage single-asset risk in their property portfolios. By assessing the ownership arrangements of over 8,000 commercial … properties, the level of fractional interests in listed property trust (LPT) property portfolios in Australia over 1991-2004 is …

Given the stature of international tourism, hotel properties are an important property investment sector. The purpose …