IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2004_181.html
   My bibliography  Save this paper

Institutional Real Estate Portfolio diversification in Ireland and the UK

Author

Listed:
  • Stanley McGreal
  • Alastair Adair
  • James Berry
  • James Berry
  • James Webb

Abstract

This study constructs optimal real estate portfolios using returns from Great Britain (England, Scotland, and Wales) and Ireland (Northern Ireland and the Republic of Ireland). Data from IPD for ten major regional centres are used for office and retail property from 1984 through 2002 (excluding London). In addition, total returns, income only returns, and appreciation only returns are used. The optimal portfolios are dominated largely by property in Belfast and Dublin. When three markets areas of London were included in the optimization, the results remained largely the same with London property entering few of the portfolios and with a low allocation.

Suggested Citation

  • Stanley McGreal & Alastair Adair & James Berry & James Berry & James Webb, 2004. "Institutional Real Estate Portfolio diversification in Ireland and the UK," ERES eres2004_181, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2004_181
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2004-181
    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:eres2004_181. 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.