Making property move
Making property move
- 1993
- Economist 326(7799) 20 February 1993, 97-98(2) .
Although prices of commercial property may soon stabilise there is little expectation of a rise in values. Examines new and revived ideas for introducing greater liquidity into the market: trading in derivatives; property swapping; securitising commercial mortgages as well as property owned outright.
INSTITUTIONAL INVESTMENT
LIQUIDITY
PROPERTY FUTURES
PROPERTY MARKET
REITS
SECURITISATION
Although prices of commercial property may soon stabilise there is little expectation of a rise in values. Examines new and revived ideas for introducing greater liquidity into the market: trading in derivatives; property swapping; securitising commercial mortgages as well as property owned outright.
INSTITUTIONAL INVESTMENT
LIQUIDITY
PROPERTY FUTURES
PROPERTY MARKET
REITS
SECURITISATION