Nowhere to hide: An analysis of investment opportunities in listed property markets during financial market crises
The effects of financial crises in listed property markets have left investors looking for safe havens through diversification. This is the largest study to date of the effect of crises on diversification opportunities in the listed property context, spanning 12 markets. Our study covers the Asian market crisis and the current global credit crisis. A critical contribution our work makes is the inclusion in our modeling of the potential for currency effects to impact the diversification...[Show more]
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|Source:||Journal of Property Research|
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