Why real estate? And how? where? and when?

被引:0
|
作者
Hudson-Wilson, S [1 ]
Gordon, JN
Fabozzi, FJ
Anson, MJP
Giliberto, SM
机构
[1] Property & Portfolio Res Inc, Boston, MA USA
[2] LaSalle Investment Management, Chicago, IL USA
[3] Yale Univ, Sch Management, New Hope, PA USA
[4] CalPERS, Sacramento, CA USA
关键词
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Real estate for institutional investors is most broadly defined to comprise private commercial real estate equity, private commercial real estate debt, public real estate equity structured as real estate investment trusts or real estate operating companies, and public commercial real estate debt structured as commercial mortgage-backed securities. Arguments made in a 2003 special issue of this journal for adding real estate to a well-managed institutional investment portfolio include: portfolio diversification and risk reduction, absolute return enhancement, inflation hedging, reflection of the investment universe, and strong cash flows. A revisit of these portfolio issues and an updated empirical analysis continue to support the rationale for real estate. Particular challenges face institutional investors who invest in real estate; the articles in this 2005 special issue address them.
引用
收藏
页码:12 / +
页数:11
相关论文
共 50 条
  • [21] ENVIRONMENTAL FORENSICS: THE WHAT? WHEN? WHERE? WHY? AND HOW?
    Pivato, Alberto
    Gwinett, Claire
    Varghese, George
    [J]. DETRITUS, 2020, 10 : III - IV
  • [22] MILITARY SERVICE, HOW, WHERE, WHEN, WHY (ITALIAN)
    ROCHAT, G
    [J]. RIVISTA DI STORIA CONTEMPORANEA, 1988, 17 (04): : 644 - 645
  • [23] Blood pressure measurement: why, how, when, and where?
    O'Brien, E.
    [J]. SOUTH AFRICAN FAMILY PRACTICE, 2012, 54 (02) : S9 - S11
  • [24] Pectus bar removal - why, when, where and how
    Haecker, Frank-Martin
    Hebra, Andre
    Ferro, Marcelo Martinez
    [J]. JOURNAL OF PEDIATRIC SURGERY, 2021, 56 (03) : 540 - 544
  • [25] Antibiotic resistance: what, why, where, when and how?
    Sabtu, N.
    Enoch, D. A.
    Brown, N. M.
    [J]. BRITISH MEDICAL BULLETIN, 2015, 116 (01) : 105 - 113
  • [26] CAREER COUNSELING FOR ADULTS - WHY, WHEN, WHERE, HOW
    WATERS, E
    GOODMAN, J
    [J]. VOCATIONAL GUIDANCE QUARTERLY, 1977, 25 (04): : 337 - 343
  • [27] AUTOREGULATION OF CORTICOSTEROID RECEPTORS - HOW, WHEN, WHERE, AND WHY
    SCHMIDT, TJ
    MEYER, AS
    [J]. RECEPTOR, 1994, 4 (04) : 229 - 257
  • [28] Chemokine inhibition - why, when, where, which and how?
    Johnson, Z
    Power, CA
    Weiss, C
    Rintelen, F
    Ji, H
    Ruckle, T
    Camps, M
    Wells, TNC
    Schwarz, MK
    Proudfoot, AEI
    Rommel, C
    [J]. BIOCHEMICAL SOCIETY TRANSACTIONS, 2004, 32 : 366 - 377
  • [29] Evolutionary plant radiations: where, when, why and how?
    Hughes, Colin E.
    Nyffeler, Reto
    Linder, H. Peter
    [J]. NEW PHYTOLOGIST, 2015, 207 (02) : 249 - 253
  • [30] The where, when, how, and why of hyaluronan binding by immune cells
    Lee-Sayer, Sally S. M.
    Dong, Yifei
    Arif, Arif A.
    Olsson, Mia
    Brown, Kelly L.
    Johnson, Pauline
    [J]. FRONTIERS IN IMMUNOLOGY, 2015, 6