The share of real estate in institutional portfolios has risen above a previous 5% target, as investors avoid the risks of low interest rates. The world's wealth is shifting to emerging markets where real estate is already a dominant asset class and public securities markets are limited. Institutions with long horizons avoid publicly traded markets because they want to capture any premium from illiquidity. Real estate involves local and cultural restrictions on land usage, sustainability and on the regulation of the illiquidity.
For information about public real estate, read Public Real Estate Markets and Investments.
本帖隐藏的内容
Private Real Estate Markets and Investments.pdf
(6.82 MB, 需要: 5 个论坛币)
Series: Financial Markets and Investments
Hardcover: 312 pages
Publisher: Oxford University Press; 1 edition (September 4, 2014)
Language: English
ISBN-10: 019938875X
ISBN-13: 978-0199388752
Product Dimensions: 9.2 x 0.9 x 6.4 inches
Shipping Weight: 1.3 pounds
http://www.amazon.com/Private-Estate-Markets-Investments-Financial/dp/019938875X/ref=tmm_hrd_swatch_0?_encoding=UTF8&qid=1438701317&sr=8-3


雷达卡








京公网安备 11010802022788号







