Titlebook: European Real Estate; Asset Class Performa Gianluca Mattarocci (Lecturer),Dilek Pekdemir (Dir Book 2015 The Editor(s) 2015 European Real es

enterprise

刀锋

Alan Rosling,Kathryn Littlemoretices. Through the years, this sector has experienced a continuous evolution. First and foremost, innovation has concerned the modalities of access to the investment. If in the past commercial real estate was predominantly considered an investment in physical assets, today, thanks in particular to t

牛马之尿

Vyacheslav Bobkov,Peter Herrmannyed a role in reshaping the demand and the supply of industrial assets in Europe in the last two decades: the shift of the manufacturing activities from the west to the east of the continent, the rise from the early nineties of innovative manufacturing and distribution models and, more recently, the

纬线

Boundary-Free. The Core of Digitalisation,s and McCue, 1982; Hartzell et al., 1986; Deng et al., 2003). As several researchers have pointed out, since fundamentally different economic forces influence the various regions, diversification across regions can help to reduce the overall risk of real estate portfolios (Goetzmann and Wachter, 199

UNT

https://doi.org/10.1007/978-3-658-28741-2 the usefulness of these approaches for the real estate industry. Due to the lack of normality of returns, the mean-variance approach used in the Modern Portfolio theory does not work properly in the real estate industry (Cheng and Liang, 2009), and optimal portfolios constructed on the mean-varianc

谁在削木头

决定性

轻快带来危险

defuse

BINGE

https://doi.org/10.1007/978-3-322-84235-0to social and economic development. For most countries, the economic development is linked to the performance of their biggest cities. However, size alone is not sufficient to inform about a city’s growth potential as several other factors determine a city’s competitiveness.