| 000 | 01250cab a22002175a 4500 | ||
|---|---|---|---|
| 001 | L145226 | ||
| 008 | 080917e2008 xxkad f s 000 0 eng d | ||
| 035 | _a(Sirsi) u145226 | ||
| 041 | 0 | _aeng | |
| 100 | 1 | _aKovac, Vladimir | |
| 245 | 0 | 4 | _aThe specific risk of the UK real estate securities market |
| 260 | _c2008 | ||
| 490 | 0 |
_aJournal of Property Investment and Finance _v26(5) 2008, 399-417(19) |
|
| 520 | _aUsing the single index methodology (SIM) over the period 1986-2003, this article assesses the risk involved in the public real estate securities market. Seeks to identify which of four benchmark indices used in SIM best distinguishes between the systematic and specific factors impacting on the UK FTSE Real Estate Index (FTSEREI). Finds that the link between FTSEREI and all four indices has weakened over the observable period, and that there is an identifiable risk cycle. Concludes that the greater vulnerability of the public real estate market is a significant threat to its long-term sustainability. | ||
| 590 | _aKA | ||
| 650 | 2 | 4 | _aFTSE REAL ESTATE INDEX (FTSEREI) |
| 651 | 4 |
_aUnited Kingdom _y |
|
| 690 | _aPROPERTY-PROPERTY FINANCE AND INVESTMENT-PROPERTY INVESTMENT MANAGEMENT | ||
| 700 | 1 | _aLee, Stephen | |
| 942 | _n0 | ||
| 999 |
_c80739 _d80739 |
||