The minimization of financial losses and cost stemming from the credit recovery process is strictly connected with the time necessary to complete the procedure: in real estate credits, it depends on the liquidity and the efficiency of the enforcement procedures.The paper investigates the...

Italian Abstract: Le Sgr immobiliari italiane stanno affrontando nuove e importanti sfide competitive in un mercato sempre più concorrenziale. La crescita dei patrimoni gestiti e dei ricavi, l'efficienza operativa delle strutture interne e l'adeguatezza degli assetti organizzativi sono gli...

The present collective work gathers views on how behavioural finance, neuroscience, sociology, cognitive psychology and pedagogy may contribute to improve measurement of financial knowledge, elicitation of personal attitudes, targeting audiences and delivery of educational programmes. These...

Real estate investment is different from financial investment and such difference can affect the results of traditional mean -variance models. The literature on property finance summarises the differences of expected return and expected risk among individual real estate investments into four...

The hedonic price models on the office sector demonstrate the existence of a link between the rent and the vacancy of the area (Wheaton and Torto, 1988), the characteristics of the building (Clapp 1980) and the characteristics of the area (Gardiner and Henneberry, 1988). The role of each feature...

This paper enters the wide international debate about the average discount on the Net Asset Value (NAV) of the closed-end funds, considering the recent takeover bids on the Italian real estate funds. The poor empirical analysis and the anecdotical available surveys on the Italian real estate...

The rating offered by independent credit assessment institution represents an easy way to summarize the risk return profile of an investment and, especially in the United States, this tool is used also to evaluate the risk return profile of Real Estate investment products. The more relevant...