Are global city office markets inherently unstable? This examination of office markets in
major world cities analyses the flows of capital that create urban form, the nature of …

This paper reviews methods that can be used to value illiquid investments, with a particular
focus on private equity and real estate. We discuss the traditional valuation methods, in …

Purpose–This paper aims to review major changes on real estate markets in Europe and to
analyse the impacts of such changes. Design/methodology/approach–The paper provides …

The global financial crisis led some investors to question the benefits of real estate as a risk
diversifier in mixed asset portfolios as falling real estate capital values coincided with the …

In contrast to the more established alternative asset classes like real estate or hedge funds,
there is not much research available for investments in shipping. This article contributes to …

This study presents a quantitative analysis of the so-called AR-GARCH-EVT-Copula model
aimed at forecasting risk metrics for multi-asset portfolios, including securitised real estate …

This article examines the risk‐return trade‐off of a mixed‐asset portfolio that includes real
estate using copula functions. In particular, it analyses the role of direct as opposed to …

The allocation to real estate by institutional investors has increased in recent years and as a
result the gap between suggested and actual allocations has narrowed. The increased …

This paper considers how the illiquidity risk associated with the uncertain marketing period
of a commercial property affects the allocation to real estate assets in a mixed-asset …

This article discusses the recent literature on the benefits of including real estate and private
equity investments in an investor's portfolio, and examines certain topics that have attracted …