Serious investment thinking that doesn’t take itself too seriously.
Our professorial contributors illuminate the latest academic research in real estate and economic policy
Steven Reid, Secretary of State for the Environment, said at the recent Oxford Farming Conference that food security is national security. Unfortunately, government policies are heading the UK towards food insecurity. The way the country uses its land is the central point in the food security...
I’ve taken part in industry events recently discussing target rates, discount rates, hurdle rates and their relationship to yields—partly in the context of the RICS recommendations on use of DCF in valuations following the Pereira-Gray report.
It is also tempting to look backwards to see what the delivered risk premium has been on real estate over time.
As a professor, I have probably spent a full decade of my life in the classroom trying to explain the concept, the detail, the assumptions and the need for market anchoring in...
Property fund managers are currently under significant pressure. The current higher interest rate environment, sustainability necessities and the macro and micro impact of...
One of the eternal questions posed in the canon of real estate academic literature is whether specialism pays, and if so, for who? In the case of Principals this would be defined...
Background: The Hoyt Institute is an invite only think tank based in North Palm Beach, Florida, where industry research leaders and academics partake in a few days of in-depth...
According to many politicians and commentators, the UK is in a very sorry state. Ahead of the general election expected this year, Labour leader Keir Starmer has...
Two books have come out in the last few years that seem especially relevant to those baby boomers now experiencing a variety of ailments correlated with age: dementia,...
Capitalism has raised millions, if not billions, of people out of poverty. It is the greatest engine of human flourishing that has ever existed. It is worth defending, but those...