Real Estate Investments, Regulation, and Financial Intermediation

Doctoral thesis English OPEN
Heinrich, Michael;
  • Subject: 330 Wirtschaft | ddc:330

Real estate as an asset class can deliver high risk-adjusted returns, which are also low-correlated to the returns of other asset classes, such as stocks and bonds. According to the literature, a well-diversified mixed-asset portfolio should therefore comprise between 1... View more
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