Fuerst, Franz; Marcato, Gianluca - Henley Business School, University of Reading - 2009
economic regions. However, the low explanatory power reveals the need to extend this analysis to other investment styles. We … identify four main real estate investment styles and apply a multivariate model to randomly generated portfolios to test the … reduced when we account for the new investment styles, with small vs. big properties being the dominant one. Secondly, we find …