This article conducts an attribution analysis for German real estate funds. The performance of real estate funds within Germany is dissected into property returns, liquidity returns, leverage and expenses. Furthermore a model is set up to explain annual fund returns using the factors investor...

The market of German property funds that revalue their real estate assets at least once a year can be subdivided by their legal structure into listed property companies, listed REITs, open-ended public funds and open-ended Spezialfonds. Unlike most other developed real estate markets, the German...

Over the years, real estate financing has been a preserve for mortgage financing companies. With time, commercial banks have started engaging in mortgage financing. With the rising non-performing loans among Kenyan banks, mortgages have seen as a safer bet to improve the loan portfolio...

The application of fair value concepts in measuring company’s assets and liabilities results in corresponding accounting and tax effects. The main objective of this chapter is to analyze the interdependence between the accounting effects of the fair value concept application and the corporate...