Skip to main content
SpringerLink
Log in

European Indirect Investors and Asset Allocation

  • Chapter
European Real Estate

  • 187 Accesses

Abstract

There are two main vehicles in Europe for investing in indirect real estate: real estate investment funds and listed real estate companies. With these instruments, not only does the investor take a position in the real estate market, he/she also acquires different risk/return structures, which may vary according to the instrument being used.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution
Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Y.L.C. Lin and K. Yung (2004) ‘Real Estate Mutual Funds: Performance and Persistence’, Journal of Real Estate Research, 26, 69–93.

    Google Scholar 

  • B.F. Fama and K.R. French (1992) ‘The Cross-Section of Expected Stock Returns’, Journal of Finance, 47, 427–65.

    Article  Google Scholar 

  • J.G. Gallo, L.J. Lockwood and R.C. Rutherford (2000) ‘Asset Allocation and the Performance of Real Estate Mutual Funds’, Real Estate Economics, 28, 165–84.

    Article  Google Scholar 

  • C. Giannotti and G. Mattarocci (2012) ‘I fondi immobiliari: tipologie, disciplina e leva finanziaria’ in C. Cacciamani (ed.), Real Estate: Economia, diritto, marketing e finanza immobiliare (Milano: Egea).

    Google Scholar 

  • W.N. Goetzmann and R.G. Ibbotson (1990) ‘The Performance of Real Estate as an Asset Class’, Journal of Applied Corporate Finance, 3, 65–76.

    Article  Google Scholar 

  • G. Morri and S.L. Lee (2009) ‘The Performance of Italian Real Estate Mutual Funds’, Journal of European Real Estate Research, 2, 170–85.

    Article  Google Scholar 

  • E.S. O’Neal and D.E. Page (2000) ‘Real Estate Mutual Fund: Abnormal Performance and Fund Characteristics’, Journal of Real Estate Portfolio Management, 6, 239–47.

    Google Scholar 

  • J.L. Suárez and A. Vassallo (2005) Indirect Investment in Real Estate: Listed Companies and Funds, http://www.iese.edu/, date accessed 01 March 2015.

    Google Scholar 

Download references

Authors
  1. Angelo Marinangeli
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Albana Nako
    View author publications

    You can also search for this author in PubMed Google Scholar

Editor information

Editors and Affiliations

  1. University of Rome Tor Vergata, Italy

    Gianluca Mattarocci (Lecturer) (Lecturer)

  2. Cushman & Wakefield, Turkey

    Dilek Pekdemir (Director) (Director)

Copyright information

© 2015 Angelo Marinangeli and Albana Nako

About this chapter

Cite this chapter

Marinangeli, A., Nako, A. (2015). European Indirect Investors and Asset Allocation. In: Mattarocci, G., Pekdemir, D. (eds) European Real Estate. Palgrave Macmillan, London. https://doi.org/10.1057/9781137436122_7

Download citation

Publish with us

Policies and ethics

Search

Navigation