Real Estate Asset Management: A literature-based analysis

Real Estate Asset Management has become more important in the German market during the last couple of years - also due to a massive growth of Foreign Direct Investments (FDIs) into the Real Estate Sector. Therefore, the question of professional Asset Management seems to have a quite popular and still growing importance now that enormous amounts of real estate asset are allocated in portfolios. At the same time, real estate focused publications on the profession of Asset Management may not be found manifold. This shows an imbalance between the significance of professional Real Estate Asset Management in practice and a lack of provided research papers and standard works. This research paper tries to identify this lack by analyzing publications on the US market, then narrowing the perspective on the European market and in a third step to Germany. It also tries to find a common definition and classification in the background of common international standards for the term Real Estate Asset Management on the German market and thus a starting point for further research on this topic.