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- URN zum Zitieren dieses Dokuments:
- urn:nbn:de:bvb:355-epub-433046
- DOI zum Zitieren dieses Dokuments:
- 10.5283/epub.43304
Zusammenfassung
This article examines the trade‐offs in launching new real estate funds, specifically open‐end, direct‐property funds. This investment vehicle, which is designed to provide the risk‐return benefits of private market real estate, is available to retail investors in a number of countries. At the same time, these funds are also subject to liquidity risk, because they hold an inherently illiquid ...
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