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Dr Eva Steiner

Eva Steiner

Title of research: Real Estate and Leverage: in Good Times and in Bad

Debt plays a crucial role in real estate investment  given the suitability of real assets as collateral. However, the drivers of capital structure choices in real estate investment trusts (REITs) remain unclear. At the same time, the fall out from the recent global financial crisis shows the economic cost of sub-optimal REIT capital structure. In the first part of my proposed research programme, I will empirically evaluate the efficiency of REIT capital structure choices throughout the market cycle, with a view to deriving implications for risk and capital management strategies.

Research Update - Report March 2016

Research Update - Report September 2015

Research Update - Report April 2015

Research Update - Report 2014


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Best Student Paper Award 2021 - competition is now open

Feb 12, 2021

For the last 13 years, Cambridge Finance is offering its Best Student Paper Award. The award comprises a cash honorarium of £1,000 and a certificate is awarded to the author of the best student paper in finance presented during the 2020-2021 academic year.

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