IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2008_140.html
   My bibliography  Save this paper

The Role Of Timberland In Uk Investment Portfolios

Author

Listed:
  • Chris Eves
  • Graeme Newell

Abstract

Timberland is now regarded as a long-term investment with both institutional investors and absentee owners. This paper utilises the IPD Forestry index to examine the performance of UK timberland over the period of 1987-2006. Forestry land in both Australia and the US was found to provide significant risk reduction and portfolio diversification benefits in the portfolio resulting from the low risk and low correlation with stocks and bonds. This paper will analyse the returns for UK forestry land to determine if similar benefits apply in the UK. Timberland has also been found to make a significant contribution to a portfolio of stocks, bonds and real estate, particularly at low to midrange portfolio risk levels. Again, the UK data will be analysed to see if similar benefits are provided the UK forest land asset class.

Suggested Citation

  • Chris Eves & Graeme Newell, 2008. "The Role Of Timberland In Uk Investment Portfolios," ERES eres2008_140, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2008_140
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2008-140
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:eres2008_140. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.