Portfolio Strategy and Structure Take Center Stage:“How, What, Where, and When?” Replace “Why?”

摘要: Real estate has become more accepted as a basic building block of well-diversified institutional portfolio over the past decade. The debate around question “Why Estate?” largely been put to rest. most relevant research questions about asset class now revolve detailed issues in optimal allocations under different situations and light new trends, also details how implementation real allocation (i.e. actual investments made) should be done it affects risk/return characteristics final portfolio. trends industry associated are discussed.