... factors and financial performance, defying any simplistic, universal application. The connection is marked by diversity, deeply influenced by the unique aspects of each real estate industry segment and the particularities of regional markets. Specifically, the environmental aspect often corresponds...

... that they improve their risk‐adjusted performance through selection. Andrew Baum can be contacted at: a.e.baum@rdg.ac.uk; a.e.baum@henley.rdg.ac.uk © Emerald Group Publishing Limited 2009 Property Investment funds Financial performance Since the mid‐1990s, in a generally strongly...

...@sdabocconi.it © Emerald Group Publishing Limited 2009 Real estate Investment funds Financial performance Property management Italy The academic literature on the topic of real estate fund performance can be broken down into three general areas. The first area of interest is whether fund...

.... Björn‐Martin Kurzrock can be contacted at: kurzrock@rhrk.uni‐kl.de; bmkurzrock@gmx.de © Emerald Group Publishing Limited 2009 Investment funds Real estate Assets Financial performance Germany The present paper will concentrate on the institutional setting of German open‐ended...