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Author:Eichholtz, P.
Koedijk, K.
Schweitzer, M.
Title:Global property investment and the costs of international diversification
Journal:Journal of International Money and Finance
2001 : JUN, VOL. 20:3, p. 349-366
Index terms:DIVERSIFICATION
INVESTMENT
PROPERTY
Language:eng
Abstract:There is trade-off between the costs and benefits of international diversification. This paper shows that the costs for property investors can be reduced substantially through investments in public real estate companies, which concentrate on their local, domestic market.
SCIMA record nr: 228536
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