The IRR of Real Estate Funds : A Cash Management Approach (in Italian)

Although the internal rate of return (IRR) represents the most widely used measure of performance, some controversy issues about its interpretation as real estate funds performance ratio, are here debated. The aim of the paper is to review these issues and, at the same time, to suggest some IRR adjustments related to the cash management of real estate investment vehicles able to improve its consistency

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Year of publication:	2009
Authors:	Sampagnaro, Gabriele
Publisher:	[2009]: [S.l.] : SSRN
Subject:	Italien \| Italy \| Immobilienfonds \| Real estate fund \| Cash-Management \| Cash management

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Extent:	1 Online-Ressource (21 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments February 7, 2009 erstellt
Other identifiers:	10.2139/ssrn.1400885 [DOI]
Classification:	G20 - Financial Institutions and Services. General ; G23 - Pension Funds; Other Private Financial Institutions ; G31 - Capital Budgeting; Investment Policy ; L85 - Real Estate Services
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013160021