We examine whether and the extent to which news-based sentiment, captured by textual
analysis, can predict the performance of the private commercial real estate market in the …

We provide detailed descriptions, including over 550 mathematical formulas, for over 150
trading strategies across a host of asset classes (and trading styles). This includes stocks …

Each week, thousands of newspaper articles on real estate topics are read by market
participants. While the market is comparatively intransparent, readers hope to find valuable …

In this article, the authors explore whether properties with higher cap rates have better
investment performance than those with low cap rates. Using market-adjusted cap rates to …

Momentum strategies have been shown to be robust across asset classes and time periods.
The authors examine the momentum effect in an updated sample of emerging markets and …

Vacancy refers to an investment property's unrealized income potential. Yet, is it always the
case that vacancy is a drag on value? In this article, the authors examine whether and to …

Purpose This study aims to assess the impact of location on capitalization rates and risk
premia. Design/methodology/approach Using a transaction-based data series for the five …

Unlike previous downturns such as the late 1980s, institutional investors did not abandon
real estate following the 2008–2009 financial crisis but, in fact, have become more attracted …

We assess the benefits of diversifying a portfolio of commercial real estate assets across
gateway and non-gateway markets, a topic of significant relevance to institutional investors …

This paper examines if there are value and momentum effects in the New Zealand housing
market across different regions. It is found that the short-term momentum effect exists with …