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

By: Contributor(s): Language: English Series: RICS Findings in Built and Rural EnvironmentsPublication details: London RICS 2005ISBN:
  • 1842192191
Subject(s): Online resources: Summary: 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).