Risk reduction and diversification in UK commercial property portfolios
Callender, Mark
Risk reduction and diversification in UK commercial property portfolios - 2008 - Journal of Property Research 24(4) 2008, 355-375(21) .
Reports results from tests of risk reduction and diversification in direct real estate investment portfolios using the records from over 10 000 companies. Provides estimates of the diversification gains possible to individual fund managers. Quantifies the number of assets and the amount of money needed to construct both balanced and specialist property portfolios by direct investment. Shows that a large measure of risk reduction can be achieved with portfolios of 30-50 properties, but full diversification of specific risk can only be achieved in very large portfolios.
United Kingdom--
Risk reduction and diversification in UK commercial property portfolios - 2008 - Journal of Property Research 24(4) 2008, 355-375(21) .
Reports results from tests of risk reduction and diversification in direct real estate investment portfolios using the records from over 10 000 companies. Provides estimates of the diversification gains possible to individual fund managers. Quantifies the number of assets and the amount of money needed to construct both balanced and specialist property portfolios by direct investment. Shows that a large measure of risk reduction can be achieved with portfolios of 30-50 properties, but full diversification of specific risk can only be achieved in very large portfolios.
United Kingdom--