Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10475251 | Journal of Empirical Finance | 2012 | 12 Pages |
Abstract
⺠There are two key questions that we address in this paper. ⺠The first question is whether direct investment in commercial or residential real estate improves upon diversification benefits available in the share market. ⺠The second question concerns whether listed real estate investment trusts provide the same level of diversification potential as direct property investment.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Richard Heaney, Sivagowry Sriananthakumar,