000 01185cab a2200205 4500
001 ABS44673
008 090401t1991 xxu||||| |||| 00| 0 eng d
035 _a(Sirsi) u48398
041 _aeng
100 _aBaum, A.
245 _aProperty futures
260 _c1991
350 _a0
490 _aJournal of Property Valuation and Investment
_v9(3) Spring 1991, 235-240(6)
520 _aThe paper briefly discusses the attractions of property to institutional investors and describes the evolution of futures markets from forward contracts in commodity markets and financial and stock market index futures to the current UK proposal for property futures . The potential users of property index futures are described and the attractions and dangers of a property futures market are considered. The paper concludes that, while it is by no means certain that the market will succeed, property professionals should make every effort to understand and develop the proposed market in a way which will benefit property investors most effectively. (Journal abstract)
650 _aLONDON FOX
690 _aPROPERTY-PROPERTY FINANCE AND INVESTMENT
942 _n0
948 _c04/03/1997
999 _c30406
_d30406