IDEAS home Printed from https://ideas.repec.org/a/eme/jpifpp/jpif-09-2019-0123.html
   My bibliography  Save this article

Real estate portfolios – the case for globally diversified core property funds

Author

Listed:
  • Arvydas Jadevicius

Abstract

Purpose - The purpose of this paper is to build a case for globally diversified core real estate funds portfolio. Design/methodology/approach - It uses Monte Carlo simulation technique to construct synthetic real estate funds portfolios. Findings - Benefit of maintaining globally diversified real estate funds portfolio merits admission. An optimal portfolio has an almost even split between Europe, USA and Asia Pacific,ceteris paribus. Likewise, currency effect for Europe domiciled investors is undeniable. Practical implications - The overall estimates suggest that a blend of APAC, European and US allocations enhance portfolio risk return profile. Originality/value - The study adds additional evidence on the contested issue of real estate diversification.

Suggested Citation

  • Arvydas Jadevicius, 2019. "Real estate portfolios – the case for globally diversified core property funds," Journal of Property Investment & Finance, Emerald Group Publishing Limited, vol. 38(1), pages 82-86, November.
    • Handle: RePEc:eme:jpifpp:jpif-09-2019-0123
    DOI: 10.1108/JPIF-09-2019-0123
    as

    Download full text from publisher

    File URL: https://www.emerald.com/insight/content/doi/10.1108/JPIF-09-2019-0123/full/html?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://www.emerald.com/insight/content/doi/10.1108/JPIF-09-2019-0123/full/pdf?utm_source=repec&utm_medium=feed&utm_campaign=repec
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1108/JPIF-09-2019-0123?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    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:eme:jpifpp:jpif-09-2019-0123. 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: Emerald Support (email available below). General contact details of provider: .

    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.