...-making. Practical implications The framework offers developers and analysts an accessible pathway to incrementally incorporate risk analysis into feasibility studies, helping to align local practice with international standards such as those of the Royal Institution of Chartered Surveyors (RICS...

... by the standard deviation. In India, in the absence of any performance data on NREFs, it is not possible to use secondary data for risk analysis using volatility measures. Various researchers (e.g. Blundell et al., 2005 ; Kaiser and Clayton, 2008) questioned the validity of standard deviation...

... that covers more than one national market, but it is limited to direct real estate and still only focuses on five national markets. Felix Schindler can be contacted at: schindler@zew.de © Emerald Group Publishing Limited 2010 Risk analysis International trade Real estate Portfolio...

... investment principles that should be taken into consideration and will be of interest to those in a similar field. Alina Oprea can be contacted at: alinaups@gmail.com © Emerald Group Publishing Limited 2010 Real estate Investments Risk analysis Strategic objectives Real estate...

... of the distribution is applied. A risk analysis is provided based on Monte Carlo simulations for the different models. The value‐at‐risk measure is also applied for quantification of the risks for a portfolio combining investments in real estate and stock markets. Findings The findings suggest...

... as an appropriate description of these real estate and stock market datasets since all Jarque‐Bara statistic (JB) greatly exceed 9.21, which is the 99 percent quantile of the chi‐squared distribution with two degrees of freedom. Real estate Stock markets Return on investment Risk analysis International...

... headings: market transparency risk, investment quality risk, covenant strength risk and depreciation and obsolescence risk. Risk analysis Covenants Shopping centres United Kingdom One of the most important aims of all shopping centres managers, is to successfully combine tenants of strong...

... Limited 2004 Risk analysis Modelling Portfolio investment Table I shows that the segment with the highest average return overall was IRUK, while that the segment with the lowest risk was SRRUK. However, the segment with the highest overall risk, OCITY, also had the lowest average...

...JOHN ROBINSON Much has been written about probabilistic methods of risk analysis and about the probability distributions required for its use. This paper demonstrates a method known as the probability of acceptance error approach using simple scenarios in which the only variable tested...

... (deterministic) techniques within the wider context of risk analysis and compares a simple probabilistic approach and sensitivity analysis with these techniques for use in property investment appraisal. A case study is employed in illustrations. Risk analysis explicit cash flow methods sliced income...

... share market analysts but rather the inapplicability of capital asset pricing models to real property returns that is the explanation for the lack of standardised measures. Risk analysis performance measures valuation capital asset pricing PERFORMANCE ASSESSMENT INDEXES AND CAPITAL ASSET...