Keywords: Direct property
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Journal Articles
Journal of Property Investment & Finance (2017) 35 (6): 575–588.
Published: 04 September 2017
... delivered mixed results over 1994-2016; direct property gave the best risk-adjusted performance, while US-REITs performance was hampered by high volatility. Since the GFC, both forms of US commercial property have delivered stronger risk-adjusted returns with improved diversification benefits, especially...

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