Property fund flows and returns
Lee, S. L., (2000) Property fund flows and returns. Working Papers in Land Management & Development. 02/00. Working Paper. University of Reading, Reading. pp17.
This study is concerned with the impacts on property returns from property fund flows, and with the possibility of a reverse transmission from property fund flows to property returns. In other words this study investigates whether property returns “cause” fund flow changes, or whether fund flow changes “cause” property returns, or causality works in both directions.