Details about Colin Martyn Lizieri

E-mail:
Homepage:	https://www.landecon.cam.ac.uk/directory/professor-colin-lizieri
Postal address:	Department of Land Economy University of Cambridge 19 Silver Street Cambridge CB3 9EP
Workplace:	Department of Land Economy, University of Cambridge, (more information at EDIRC)

Access statistics for papers by Colin Martyn Lizieri.

Last updated 2024-11-06. Update your information in the RePEc Author Service.

Short-id: pli108

---

Jump to Journal Articles Chapters

Working Papers

2021

1. Price diffusion across international private commercial real estate markets
   Working Papers, DNB
   See also Journal Article Price diffusion across international private commercial real estate markets, Journal of International Money and Finance, Elsevier (2024) (2024)

2015

2. Real Estate and Global Capital Networks: Drilling into the City of London
   ERES, European Real Estate Society (ERES)
   See also Chapter Real estate and global capital networks: drilling into the City of London, Chapters, Edward Elgar Publishing (2018) View citations (3) (2018)

2013

3. Diversification Gains and Systematic Risk Exposure in International Public Real Estate Markets
   ERES, European Real Estate Society (ERES)

2012

4. Capital structure and European property companies
   ERES, European Real Estate Society (ERES)
5. Did ownership characteristics bias portfolio appraisals during the late 2000s downturn? A natural experiment from the UK commercial real estate market
   ERES, European Real Estate Society (ERES)
6. Mean-Variance versus 1/N: What if we can forecast? (Updated 22nd December 2013)
   Cambridge Working Papers in Economics, Faculty of Economics, University of Cambridge
7. Office real estate investment in the world city network: the effects of financial crisis
   ERES, European Real Estate Society (ERES)
8. Skyscrapers and the economy
   ERSA conference papers, European Regional Science Association View citations (1)

2010

9. REGIONAL AND URBAN ECONOMIES AND COMMERCIAL REAL ESTATE IN THE UK: EXPLORING THE LINKAGES
   ERES, European Real Estate Society (ERES)
10. UNSMOOTHING REAL ESTATE RETURNS: A REGIME-SWITCHING APPROACH
    ERES, European Real Estate Society (ERES) View citations (1)
    See also Journal Article Unsmoothing Real Estate Returns: A Regime-Switching Approach, Real Estate Economics, American Real Estate and Urban Economics Association (2012) View citations (10) (2012)

2009

11. Asymmetric Space Market Adjustment in the London Office Market
    Real Estate & Planning Working Papers, Henley Business School, University of Reading View citations (2)
    Also in Real Estate & Planning Working Papers, Henley Business School, University of Reading (2008) View citations (1)
12. Means, Motive and Opportunity? Disentangling Client Influence on Performance Measurement Appraisals
    ERES, European Real Estate Society (ERES) View citations (2)
    Also in Real Estate & Planning Working Papers, Henley Business School, University of Reading (2009) View citations (4)
    See also Journal Article Means, motive and opportunity? Disentangling client influence on performance measurement appraisals, Journal of Property Research, Taylor & Francis Journals (2010) View citations (14) (2010)
13. Real Estate Investment in Global Financial Centers: Risk, Return and Contagion
    Real Estate & Planning Working Papers, Henley Business School, University of Reading View citations (6)

2008

14. ANOTHER LOOK AT THE LONDON OFFICE MARKET
    ERES, European Real Estate Society (ERES)
15. INTERNATIONAL FINANCIAL CENTRES, OFFICE MARKET RENTS AND VOLATILITY
    ERES, European Real Estate Society (ERES)
    Also in Real Estate & Planning Working Papers, Henley Business School, University of Reading (2008)

2007

16. Pricing Inefficiencies in Real Estate Swaps
    ERES, European Real Estate Society (ERES)

2006

17. How effective are sectoral and regional diversification?
    ERES, European Real Estate Society (ERES)
18. PATTERNS OF TENANT MIX VARIETY IN REGIONAL SHOPPING CENTRES: AN EXAMINATION ON THE CONSISTENCY BETWEEN UK AND US CASES
    ERES, European Real Estate Society (ERES)
19. The Inflation Hedging Characteristics of US and UK Investments: A Multifactor Error Correction Approach
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute
20. The Inflation Hedging Characteristics of US and UK Investments:Â A Multi-Factor Error Correction Approach
    Real Estate & Planning Working Papers, Henley Business School, University of Reading View citations (1)
21. The Underlying Return Generating Factors for REIT Returns: An Application of Independent Component Analysis
    Real Estate & Planning Working Papers, Henley Business School, University of Reading
    See also Journal Article The Underlying Return‐Generating Factors for REIT Returns: An Application of Independent Component Analysis, Real Estate Economics, American Real Estate and Urban Economics Association (2007) View citations (12) (2007)

2005

22. Diversification When It Hurts? The Joint Distributions of Property and Other Asset Classes
    ERES, European Real Estate Society (ERES) View citations (12)
23. Diversification When It Hurts? The Joint Distributions of Real Estate and Equity Markets
    Real Estate & Planning Working Papers, Henley Business School, University of Reading View citations (32)
24. Hedging Private International Real Estate
    Real Estate & Planning Working Papers, Henley Business School, University of Reading View citations (2)
25. Individual Assets, Market Structure And The Drivers Of Return
    Real Estate & Planning Working Papers, Henley Business School, University of Reading View citations (5)
    Also in ERES, European Real Estate Society (ERES) (2005) View citations (4)
26. Messages from the Oracle: Assessing the Impact of Major In-Town Shopping CentresÂ
    Real Estate & Planning Working Papers, Henley Business School, University of Reading View citations (1)
27. Real Estate Capital Flows and Transitional Economies
    Real Estate & Planning Working Papers, Henley Business School, University of Reading View citations (2)
28. Real Estate Education in a Business context: The Reading Experience
    ERES, European Real Estate Society (ERES)

2004

29. Tenant Mix Variety in Regional Shopping Centres. Some UK Empirical Analyses
    ERES, European Real Estate Society (ERES) View citations (5)
    Also in Real Estate & Planning Working Papers, Henley Business School, University of Reading (2004) View citations (5)

2003

30. Exchange Rate Regime Impacts on Real Estate Securities Returns: the Euro Conversion
    ERES, European Real Estate Society (ERES) View citations (1)
31. Monetary Integration and Real Estate Markets: An Investigation of the Impact of the Introduction of a Single Currency on Real Estate Performance
    Real Estate & Planning Working Papers, Henley Business School, University of Reading
32. The Management of Positive Inter-Store Externalities in Shopping Centres: Some Empirical Evidence
    Real Estate & Planning Working Papers, Henley Business School, University of Reading View citations (6)

2002

33. Changlng Occupler Requirements in the Commercial Property Market: Trends and Implications
    ERES, European Real Estate Society (ERES)

2000

34. Commercial Real Estate Return Distributions: A Review Of Literature And Empirical Evidence
    Real Estate & Planning Working Papers, Henley Business School, University of Reading View citations (9)
35. Homogenenous Commercial Property Market Groupings and Portfolio Construction in the UK
    Working Papers, Ecole des Hautes Etudes Commerciales, Universite de Geneve- View citations (5)

1998

36. Changing Lease Structures in Real Estate Office Markets
    ERES, European Real Estate Society (ERES) View citations (1)
37. New Business Practices and the Corporate Real Estate Portfolio: How Responsive is the UK Property Market?
    ERES, European Real Estate Society (ERES)
38. Ownership, Occupation and Risk. A View of the City of London Office Marker
    ERES, European Real Estate Society (ERES) View citations (1)
    See also Journal Article Ownership, Occupation and Risk: A View of the City of London Office Market, Urban Studies, Urban Studies Journal Limited (2000) View citations (16) (2000)

1996

39. A Comparison of Alternative Hedging Techniques for International Equity Real Estate Investment
    ERES, European Real Estate Society (ERES) View citations (1)
40. Portfolio Diversification Strategies and Urban Structure: Lessons from Cluster Analytic Procedures
    ERES, European Real Estate Society (ERES)
41. The Spatial Dimensions of the Investment preformance of UK Commercial Property
    Working Papers, Ecole des Hautes Etudes Commerciales, Universite de Geneve- View citations (4)
    See also Journal Article The Spatial Dimensions of the Investment Performance of UK Commercial Property, Urban Studies, Urban Studies Journal Limited (1997) View citations (18) (1997)

1994

42. Property shares and the equity market: exploring the linkages
    ERES, European Real Estate Society (ERES) View citations (2)

1993

43. Centralism vs Federalism: implications for regional diversification
    ERES, European Real Estate Society (ERES) View citations (1)

Journal Articles

2024

1. Local Beta: Has Local Real Estate Market Risk Been Priced in REIT Returns?
   The Journal of Real Estate Finance and Economics, 2024, 69, (4), 682-718
2. Price diffusion across international private commercial real estate markets
   Journal of International Money and Finance, 2024, 140, (C)
   See also Working Paper Price diffusion across international private commercial real estate markets, Working Papers (2021) (2021)
3. Quantifying the non-Gaussian gain
   Journal of Asset Management, 2024, 25, (1), 1-18
4. Real Estate Insights Individuals, beliefs and decision-making in commercial real estate markets: some reflections from the past
   Journal of Property Investment & Finance, 2024, 42, (1), 120-130

2022

5. Modelling sustainable rents for estimation of long-term or fundamental values of commercial real estate
   Journal of Property Research, 2022, 39, (1), 30-55 View citations (1)

2021

6. Connected markets through global real estate investments
   Real Estate Economics, 2021, 49, (S2), 618-654 View citations (4)

2020

7. A comparison of non-Gaussian VaR estimation and portfolio construction techniques
   Journal of Empirical Finance, 2020, 58, (C), 356-368 View citations (3)
8. Maestros and mythologies: some lockdown reflections
   Journal of Property Investment & Finance, 2020, 39, (1), 38-43 View citations (1)
9. “In Defense of Portfolio Optimization: What If We Can Forecast?”: Author Response
   Financial Analysts Journal, 2020, 76, (2), 106-107

2019

10. An empirical approach to urban land monopoly: A case study of the city of Barranquilla, Colombia
    Urban Studies, 2019, 56, (10), 1931-1950 View citations (2)
11. In Defense of Portfolio Optimization: What If We Can Forecast?
    Financial Analysts Journal, 2019, 75, (3), 20-38 View citations (2)
12. “Smarter information, smarter consumers”? Insights into the housing market
    Journal of Business Research, 2019, 97, (C), 51-64 View citations (1)

2018

13. A Behavioral Interpretation of the NAV Discount Puzzle in Listed Real Estate Companies
    Journal of Real Estate Portfolio Management, 2018, 24, (2), 151-165
14. Can Institutional Investors Bias Real Estate Portfolio Appraisals? Evidence from the Market Downturn
    Journal of Business Ethics, 2018, 147, (3), 651-667 View citations (6)

2016

15. Skyscrapers and the economy in Latin America
    Journal of Property Research, 2016, 33, (4), 269-292 View citations (2)

2014

16. International Office Investment in Global Cities: The Production of Financial Space and Systemic Risk
    Regional Studies, 2014, 48, (3), 439-455 View citations (14)

2013

17. Tenant Placement Strategies within Multi-Level Large-Scale Shopping Centers
    Journal of Real Estate Research, 2013, 35, (1), 25-52
    Also in Journal of Real Estate Research, 2013, 35, (1), 25-52 (2013)

2012

18. Pricing Inefficiencies in Private Real Estate Markets Using Total Return Swaps
    The Journal of Real Estate Finance and Economics, 2012, 45, (3), 774-803 View citations (8)
19. Unsmoothing Real Estate Returns: A Regime-Switching Approach
    Real Estate Economics, 2012, 40, (4), 772-804 View citations (10)
    See also Working Paper UNSMOOTHING REAL ESTATE RETURNS: A REGIME-SWITCHING APPROACH, ERES (2010) View citations (1) (2010)

2011

20. Consumer house price judgements: new evidence of anchoring and arbitrary coherence
    Journal of Property Research, 2011, 29, (1), 49-68 View citations (10)
21. Rental Values in UK Shopping Malls
    Urban Studies, 2011, 48, (8), 1667-1679 View citations (1)

2010

22. Asymmetric Adjustment in the City of London Office Market
    The Journal of Real Estate Finance and Economics, 2010, 41, (1), 80-101 View citations (21)
23. Means, motive and opportunity? Disentangling client influence on performance measurement appraisals
    Journal of Property Research, 2010, 27, (2), 181-201 View citations (14)
    See also Working Paper Means, Motive and Opportunity? Disentangling Client Influence on Performance Measurement Appraisals, ERES (2009) View citations (2) (2009)

2008

24. Industry Decision-Maker Use and Involvement in Academic Real Estate Research
    Journal of Real Estate Literature, 2008, 16, (2), 133-166
25. The Inflation Hedging Characteristics of US and UK Investments: A Multi-Factor Error Correction Approach
    The Journal of Real Estate Finance and Economics, 2008, 36, (2), 183-206 View citations (31)

2007

26. The Underlying Return‐Generating Factors for REIT Returns: An Application of Independent Component Analysis
    Real Estate Economics, 2007, 35, (4), 569-598 View citations (12)
    See also Working Paper The Underlying Return Generating Factors for REIT Returns: An Application of Independent Component Analysis, Real Estate & Planning Working Papers (2006) (2006)

2006

27. Monetary Integration and Real Estate Markets: The Impact of Euro on European Real Estate Equities
    Journal of Property Research, 2006, 23, (4), 281-303 View citations (5)
28. Simulating Currency Risk on Private Investments in Real Estate
    Journal of Real Estate Portfolio Management, 2006, 12, (2), 91-102

2005

29. A Message from the Oracle: the Land Use Impact of a Major In‐town Shopping Centre on Local Retailing
    Journal of Property Research, 2005, 22, (2-3), 245-265 View citations (2)
30. Diversification when It Hurts? The Joint Distributions of Real Estate and Equity Markets1
    Journal of Property Research, 2005, 22, (4), 309-323 View citations (24)
31. Individual Assets, Market Structure and the Drivers of Return1
    Journal of Property Research, 2005, 22, (4), 287-307 View citations (4)

2003

32. Continental Shift? An Analysis of Convergence Trends in European Real Estate Equities
    Journal of Real Estate Research, 2003, 25, (1), 1-22
    Also in Journal of Real Estate Research, 2003, 25, (1), 1-22 (2003) View citations (10)
33. Occupier Requirements in Commercial Real Estate Markets
    Urban Studies, 2003, 40, (5-6), 1151-1169 View citations (7)
34. Timing and the Holding Periods of Institutional Real Estate
    Real Estate Economics, 2003, 31, (2), 205-222 View citations (40)

2002

35. The Location of Executive Suites and Business Centers in the United States
    Journal of Real Estate Portfolio Management, 2002, 8, (3), 255-270

2001

36. Friction and Inertia: Business Change, Corporate Real Estate Portfolios and the U.K. Office Market
    Journal of Real Estate Research, 2001, 22, (1/2), 59-80 View citations (8)
    Also in Journal of Real Estate Research, 2001, 22, (1-2), 59-80 (2001)

2000

37. Homogeneous Commercial Property Market Groupings and Portfolio Construction in the United Kingdom
    Environment and Planning A, 2000, 32, (2), 323-344 View citations (10)
38. Ownership, Occupation and Risk: A View of the City of London Office Market
    Urban Studies, 2000, 37, (7), 1109-1129 View citations (16)
    See also Working Paper Ownership, Occupation and Risk. A View of the City of London Office Marker, ERES (1998) View citations (1) (1998)

1999

39. New business practices and the corporate property portfolio: how responsive is the UK property market?
    Journal of Property Research, 1999, 16, (3), 201-218 View citations (10)
40. The Workings of the London Office Market
    Real Estate Economics, 1999, 27, (2), 365-387 View citations (51)

1998

41. Real Interest Regimes and Real Estate Performance: A Comparison of U.K. and U.S. Markets
    Journal of Real Estate Research, 1998, 16, (3), 339-356
    Also in Journal of Real Estate Research, 1998, 16, (3), 339-356 (1998) View citations (17)

1997

42. Information asymmetry, long-run relationship and price discovery in property investment markets
    The European Journal of Finance, 1997, 3, (3), 261-275 View citations (6)
43. Interactions between Property and Equity Markets: An Investigation of Linkages in the United Kingdom 1972-1992
    The Journal of Real Estate Finance and Economics, 1997, 15, (1), 11-26 View citations (38)
44. Property company performance and real interest rates: a regime-switching approach
    Journal of Property Research, 1997, 14, (2), 85-97 View citations (21)
45. The Spatial Dimensions of the Investment Performance of UK Commercial Property
    Urban Studies, 1997, 34, (9), 1475-1494 View citations (18)
    See also Working Paper The Spatial Dimensions of the Investment preformance of UK Commercial Property, Working Papers (1996) View citations (4) (1996)

Chapters

2018

1. Real estate and global capital networks: drilling into the City of London
   Chapter 4 in Global City Makers, 2018, pp 60-82 View citations (3)
   See also Working Paper Real Estate and Global Capital Networks: Drilling into the City of London, European Real Estate Society (ERES) (2015) (2015)

2011

2. Global Cities, Office Markets and Capital Flows
   Chapter 15 in International Handbook of Globalization and World Cities, 2011