Forecasting where did it all go wrong?
Language: English Series: Property Forecast ; 11(1) January 2008, 6-7(2)Publication details: 2008Subject(s): Summary: Notes that commercial property forecasts are important because they are used by investors, fund managers and developers to appraise assets and create portfolio strategies. Considers the origins of forecasting mistakes in the last five years such as failing to anticipate the bull property market run between 2002 and 2006 and to predict the sharp downturn in 2007. Reflects on the usefulness of forecasts in the investment fund and management process. Tables show: contributions to excess total returns; long run real prospective return for UK property and risk premium over bonds.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L142451 (Browse shelf(Opens below)) | 1 | Available | 142451-1001 |
Notes that commercial property forecasts are important because they are used by investors, fund managers and developers to appraise assets and create portfolio strategies. Considers the origins of forecasting mistakes in the last five years such as failing to anticipate the bull property market run between 2002 and 2006 and to predict the sharp downturn in 2007. Reflects on the usefulness of forecasts in the investment fund and management process. Tables show: contributions to excess total returns; long run real prospective return for UK property and risk premium over bonds.