The Attractiveness of 66 Countries for Institutional Real Estate Investments

Karsten Lieser and Alexander Groh ()
Additional contact information
Karsten Lieser: UPNA - Universidad Pública de Navarra [Espagne] = Public University of Navarra
Alexander Groh: EM - EMLyon Business School

Post-Print from HAL

Abstract: This paper uses a composite index to examine the attractiveness of 66 countries worldwide for institutional real estate investments. The index construction is based on the parameters found in prior research that determine real estate investment activity on an aggregated country level. The index reveals a country ranking that correlates reasonably with commercial real estate investments, as proven by back-tests over six years. The findings increase the transparency of market variables for decision-making in global real estate asset allocation and provide the key determinants that shape real estate markets within countries. The results also highlight the strengths and weaknesses of developed, emerging, and challenged economies

Date: 2011-09-01
References: Add references at CitEc
Citations: View citations in EconPapers (9)

Published in JREPM, Journal of Real Estate Portfolio Management, 2011, 17 (3), 191-211 p

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:hal-02312819

Access Statistics for this paper

More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().