... of valuation data may provide the best way to get real‐time interim updates of real estate portfolios and create more timely real estate indices. © MCB UP Limited 2002 Valuations Appraisal Reliability Property portfolio Real estate is usually considered an “asset class” that should...

... Cutting Edge conference for comments on an earlier version of this paper. References Blundell , C.F . and Ward , C.W.R . (1987), “ Property portfolio allocation: a multi‐factor model ”, Land Development Studies , Vol. 4 , pp. 145 ‐ 56 . Byrne , P . and Lee , S . (1995...

..., they should also highlight whether differences exist when real estate mutual funds units are included in lieu of real estate assets. Finally, they will show whether real estate mutual funds units should be included even when real estate is already included in a portfolio. Property portfolio Real estate...

...Fiona M. Sweeney Puts forward the case for European property in a multi‐asset portfolio. Presents a quantitative approach for the construction of a Euro‐property portfolio. Concludes that this preliminary mean‐variable analysis shows that European property does provide significant diversification...

... institutional investors. © MCB UP Limited 1993 Valuation Performance measurement Property portfolio Financial risk Investment Skill and Portfolio Management Received: 1st May, 1992 Dr Gerald R. Brown Keywords: Performance measurement efficient markets investment skill risk valuation...

... have been included in institutional portfolios using both nominal and real returns, even if the variability of property was more than doubled. Suggests that property portfolios still offer considerable benefits to existing gilt/equity dominated funds in terms of improved risk‐adjusted performance. ©...