Associate Professor
Expertise
Biography
Dr. Mori has international educational and research experience in Real Estate Finance and Investment in Japan, U.S., Singapore, U.K., and Switzerland. Masaki Mori is constantly ranked as one of the world academic leaders in the area of Real Estate. Prior to joining EHL, Masaki Mori was manager at Nomura Asset Management, Associate Professor of Finance at International University of Japan, Assistant Professor at National University of Singapore, and Associate Professor of Real Estate Finance and Investment at University of Reading.
He also served as Associate Dean of Graduate School of International Management of IUJ and Program Director of Master in Real Estate Finance at Reading. He has taught Real Estate and Finance courses such as Real Estate Finance and Mortgage Banking, Investment, Portfolio Management, Derivatives Markets, and Debt Securities Markets for undergraduate and graduate students as well as for business professionals. He was awarded University-level and School-level teaching excellence awards at NUS. He is the recipient of a Fulbright Scholarship.
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Article
We examine the business groups’ risk-sharing hypothesis in the Japanese Real Estate Investment Trust (REIT) market in which the unique external management system seems to be reinforcing power relationships among firms affiliated with the modern...
Learn moreJournal publications
Mori, M., Ong, S.E., & Ooi, J.T.L. (Forthcoming). The Revival of Business Groups’ Risk Sharing: Evidence from Japanese Real Estate Investment Trust Market. Journal of Real Estate Finance and Economics.
Pollock, M., Mori, M., & Wu, Y. (2024). Herding and reverse herding in US housing markets: new evidence from a metropolitan-level analysis. Regional Studies, 58(11), 2099-2114.
Lee, K. O., & Mori, M. (2021). Conspicuous consumption and household indebtedness. Real Estate Economics, 49(S2), 557-586.
Li, Q., Ling, D. C., Mori, M., & Ong, S. E. (2020). The Wealth Effects of REIT Property Acquisitions and Dispositions: The Creditors’ Perspective. Journal of Real Estate Finance and Economics, 60, 308-337.
Ooi, J.T.L., Mori, M., & Wong, W.C. (2019). Rationale Behind IPO Underpricing: Evidence from Asian REIT IPOs. Real Estate Economics, 47(1), 104-137.
Tang, C. K., & Mori, M. (2017). Sponsor Ownership in Asian REITs. Journal of Real Estate Finance and Economics, 55(3), 265-287.
Lee, K. O., & Mori, M. (2016). Do Conspicuous Consumers Pay Higher Housing Premiums? Spatial and Temporal Variation in the United States. Real Estate Economics, 44(3), 726-763.
Tang, C. K., Mori, M., Ong, S. E., & Ooi, J. T. L. (2016). Debt Raising and Refinancing by Japanese REITs: Information Content in a Credit Crunch. Journal of Real Estate Finance and Economics, 53(2), 141-161.
Mori, M. (2015). Information Diffusion in the US Real Estate Investment Trust Market. Journal of Real Estate Finance and Economics, 51(2), 190-214.
Mori, M., Ooi, J. T. L., & Wong, W. C. (2014). Do Investor Demand and Market Timing Affect Convertible Debt Issuance Decisions by REITs?. Journal of Real Estate Finance and Economics, 49(4), 524-550.
Mori, M., & Ziobrowski, A. J. (2011). Performance of Pairs Trading Strategy in the U.S. REIT Market. Real Estate Economics, 39(3), 409-428.
Mori, M., Diaz, J., Ziobrowski, A. J., & Rottke, N. B. (2010). Psychological and Cultural Factors in the Choice of Mortgage Products: A Behavioral Investigation. Journal of Behavioral Finance, 11(2), 82-91.