Gaston Michel investigates whether shocks to real estate markets constitute an important source of the risk that is … priced in the cross section of equity returns. His results document that real estate risk explains a large part of the cross … pricing story: higher asset returns must be associated with lower prices and higher risk exposure. In particular, he …

features, limitations and potential in relation to ability to manage the investment risk. The book is aimed at graduates who …

improve investment efficiency, and explains how international diversification reduces overall risk while enhancing performance …This book addresses the importance of diversification for reducing volatility of investment portfolios. It shows how to …

- sowie indirekte Anlagen - offene und geschlossene Immobilienfonds und Immobilienaktien. … - sowie indirekte Anlagen - offene und geschlossene Immobilienfonds und Immobilienaktien. Professor Dr. Marlies Brunner ist …

This book provides a complete analysis of the logistic market, with a special focus on performance and risk … characteristics, demand and supply, and diversification strategy. The authors offer cutting-edge research and detailed case studies …: Evaluation criteria for logistic real estate investment -- Chapter 4: The role of logistic real estate in a diversification …

though transaction volumes have been very volatile since 2005. Consequently, risk-averse national and international investors …