Deakin Research Online This is the authors’ final peer reviewed (post print) version of the item published as: Lee, Chyi Lin, Robinson, Jon and Reed, Richard 2008, Listed property trusts and downside systematic risk sensitivity, Journal of property investment and finance, vol. 26, no. 4, pp. 304-328. Available from Deakin Research Online: http://hdl.handle.net/10536/DRO/DU:30021983 Reproduced with the kind permission of the copyright owner. Copyright : 2008, Emerald Group Publishing Limited