Investor rationality [electronic resource] evidence from Uk property capitalization rates

Hendershott, Pat

Investor rationality evidence from Uk property capitalization rates [electronic resource] - London RICS 2005 - RICS Findings in Built and Rural Environments .

Suggests that it is possible to develop a model that links property capitalisation rates to both expected future real rental growth and to the stock market (both the current dividend-price ratio and expected future real dividend growth).

1842192191


International