Journal of Property Finance: Volume 7 Issue 1
Table of contents
The inflation‐hedging characteristics of Australian commercial property: 1984‐1995
Graeme NewellExamines the inflation‐hedging characteristics of Australian commercial property and property trusts over 1984‐1995. Using the Building Owners and Managers Association property…
Property and inflation
David MilesReviews the evidence on the inflation‐hedging characteristics of UK commercial property as an asset class. That evidence suggests that commercial property is a very imperfect…
Swiss real estate as a hedge against inflation: New evidence using hedonic and autoregressive models
Foort Hamelink, Martin HoesliTests the inflation‐hedging effectiveness of Swiss real estate. Four proxies for expected inflation are used, two of them being based on autoregressive conditional…
The long‐term inflation‐hedging characteristics of UK commercial property
George Matysiak, Martin Hoesli, Bryan MacGregor, Nanda NanthakumaranBased on a multivariate analysis of long‐term total returns and inflation data over the period 1963‐1993, shows that commercial property total returns reflect both expected and…
The inflation‐hedging characteristics of UK property
R.J. Barkham, C.W.R. Ward, O.T. HenryPresents results of an investigation of the inflation‐hedging characteristics of UK property. Evaluates the various methods of decomposing inflation into its “expected” and…
Is commercial property a hedge against inflation?: A cointegration approach
Heather TarbertHistorically, investment in commercial property has been perceived as providing a hedge against inflation. A complete hedge against inflation is formally defined as an asset where…
Inflation hedging and UK commercial property
J.A. SchofieldSuggests that recent attempts to measure the inflation‐hedging characteristics of commercial property use an inappropriate methodology. As a result the conclusions of much of this…