Is the payoff worth the risk?
Is the payoff worth the risk?
- 2011
- EuroProperty 21 February 2011, 6-7(2) .
A recent Urban Land Institute (ULI) study "Have property funds performed?" challenges real estate's investment performance position sitting between bonds (lower risk/return) and equities (higher risk /return) and investors are increasingly asking why they should invest in real estate. The ULI study found generally that core funds had higher level of risk than anticipated and had not tracked the direct property index as closely as expected. Opportunity funds on the other hand have delivered higher returns mainly by taking risk.
Europe
A recent Urban Land Institute (ULI) study "Have property funds performed?" challenges real estate's investment performance position sitting between bonds (lower risk/return) and equities (higher risk /return) and investors are increasingly asking why they should invest in real estate. The ULI study found generally that core funds had higher level of risk than anticipated and had not tracked the direct property index as closely as expected. Opportunity funds on the other hand have delivered higher returns mainly by taking risk.
Europe