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Real Estate or Equities? - Research into the fundamentals of Listed Real Estate

Sebastian, Steffen P. ; Schätz, Alexander



Abstract

What is the main influence on the price and direction of an investment exposure to listed real estate? This is a long-contested question which goes to the heart of any decision on property investment. The critical factor that distinguishes listed real estate from any other investment sector is the fundamental tangible nature of the investment – bricks and mortar. The asset class draws a ...

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