Re Liquidity premiums justified in lieu of liquid markets being undiversified?

Th e basic premise of the paper is to look at liquidity in major international office markets and how it impacts investment. You tend to get investment concentrated in the major markets often due to the greater liquidity present, even though such markets may not see enhanced diversification benefits or even decent return!

I will send via email some studies that have been carrie dout to help you with your research, as well as, some instructions as to the formatting.

Thanking you very much in advance