... Arabia REITs Risk-adjusted returns Portfolio diversification Asset allocation Vision 2030 Commercial property The proliferation of Real Estate Investment Trusts (REITs) in the Middle East and North Africa (MENA) region is a significant evolution in the region’s property investment landscape...

... a progressive upward movement in rental and capital values of residential RE investment in the study areas within the study period. Total and risk-adjusted returns on investment were equally positive within the study period. Only the inflation rate, unemployment rate and real gross domestic product (GDP) per...

... with a reduced risk exposure. In terms of risk-adjusted return benchmark, Indian REITs (Sharpe ratio: 0.36) fall behind the Indian stock market (Sharpe ratio: 0.59) and Indian listed real estate stocks (Sharpe ratio: 0.58), but this is still a notable performance considering the disproportionate impact...

... compare to the mainstream asset classes on return, risk and risk-adjusted return measures? RQ2. Do Mexico REITs provide added-value and diversification benefits in a mixed-asset portfolio framework? 06 05 2020 01 07 2020 01 07 2020 © Emerald Publishing Limited...

... returns and risks. The impact of the GFC was highest for Indonesian PCs compared to stocks, where properties did not deliver strong risk-adjusted returns. Notwithstanding the poor risk-adjusted performance, Indonesian PCs had low correlations with stocks and bonds, suggesting some level of diversification...

... to rejuvenate Ireland’s commercial property market. The purpose of this paper is to provide an empirical validation of the performance of Irish REITs over the period March 2015 to February 2019 across several investment measures such as risk-adjusted returns and diversification benefits. Design/methodology...

... performance, superior risk-adjusted returns and strong diversification benefits with the stock market in a long-term investment horizon. Broadly consistent results are similarly observed in the sub-period analysis over varying market conditions. Importantly, the role of Belgium REITs in a diversified...

... significantly. These drivers provide an innovative context going forward for data centres as an increasingly important property sector. Data centres Alternative property sector Risk-adjusted returns Innovation Institutional investors The institutional property investment space has experienced...

... is assessed. Asset allocation diagrams are used to assess the role of student accommodation in a UK property portfolio and in a UK mixed-asset portfolio for a range of property investor types. Findings UK student accommodation delivered superior risk-adjusted returns compared to UK property, stocks...

... diagram is used to assess the role of both healthcare property channels in a UK property portfolio and in a UK mixed-asset portfolio. Findings Both UK healthcare property and listed healthcare property delivered superior risk-adjusted returns compared to UK property, stocks and listed property over...

... the role of Spanish REITs in a mixed-asset portfolio. Findings Spanish REITs delivered strong risk-adjusted returns compared to stocks over August 2014–February 2018, but with limited portfolio diversification benefits. Compared to bonds, Spanish REITs offered competitive risk-adjusted returns...

... delivered lesser risk-adjusted returns compared to German stocks over 2007-2015, with limited portfolio diversification benefits. However, since the GFC, German REITs have delivered strong risk-adjusted returns, but with continued limited portfolio diversification benefits with German stocks. German REITs...

... over 2003-2013 is assessed, with efficient frontiers and asset allocation diagrams used to assess the role of S-REITs in a mixed-asset portfolio. Sub-period analyses are conducted to assess the post-GFC recovery of S-REITs. Findings – S-REITs delivered strong risk-adjusted returns, being the best...

... performance, as well as their post‐GFC recovery. Findings SIICs delivered superior risk‐adjusted returns compared to stocks over 2003‐2012, but with limited portfolio diversification benefits with stocks and more portfolio diversification benefits with bonds. In the post‐GFC period, SIICs have delivered...

... Limited 2013 Knowledge city Middle class growth Diversification Risk‐adjusted returns Real estate Emerging markets Recovery from global financial crisis (GFC) in property markets has been somewhat patchy. Globally, commercial trading activity remains well below pre‐crisis levels...