메뉴 건너뛰기




Volumn 9, Issue 3, 2003, Pages 248-264

The significance of property sector and geographic diversification in australian institutional property portfolios

Author keywords

Correlations; Geographic diversification; PCA property index; Property sector diversification; Pure property returns; Sector specific LPTs; Tracking error

Indexed keywords


EID: 34247169523     PISSN: 14445921     EISSN: None     Source Type: Journal    
DOI: 10.1080/14445921.2003.11104142     Document Type: Article
Times cited : (26)

References (17)
  • 1
    • 84909975104 scopus 로고    scopus 로고
    • Property: Challenging conventional thinking
    • Armytage, P. 2002. Property: challenging conventional thinking. Australian Property Journal 37(2): 82-88.
    • (2002) Australian Property Journal , vol.37 , Issue.2 , pp. 82-88
    • Armytage, P.1
  • 2
    • 33644505585 scopus 로고    scopus 로고
    • Real estate portfolio management practices of pension funds and insurance companies in the Netherlands: A survey
    • DeWitt, D. 1996. Real estate portfolio management practices of pension funds and insurance companies in the Netherlands: a survey. Journal of Real Estate Research 11(2): 131-148.
    • (1996) Journal of Real Estate Research , vol.11 , Issue.2 , pp. 131-148
    • Dewitt, D.1
  • 4
    • 4544285016 scopus 로고    scopus 로고
    • Is sector diversification more important than regional diversification?
    • Fisher, J. and Liang, Y. 2000. Is sector diversification more important than regional diversification? Real Estate Finance (Fall): 35-40.
    • (2000) Real Estate Finance (Fall) , pp. 35-40
    • Fisher, J.1    Liang, Y.2
  • 5
    • 0034052231 scopus 로고    scopus 로고
    • Homogeneous commercial property markets groupings and portfolio construction in the UK
    • Hamelink, F., Hoesli, M., Lizieri, C. and MacGregor, B. 2000. Homogeneous commercial property markets groupings and portfolio construction in the UK. Environment and Planning A 32: 323-344.
    • (2000) Environment and Planning A , vol.32 , pp. 323-344
    • Hamelink, F.1    Hoesli, M.2    Lizieri, C.3    Macgregor, B.4
  • 6
    • 84983965352 scopus 로고
    • Diversification strategies in investment real estate
    • Hartzell, D., Hekman, J. and Miles, M. 1986. Diversification strategies in investment real estate. AREUEA Journal 14(2): 230-254.
    • (1986) AREUEA Journal , vol.14 , Issue.2 , pp. 230-254
    • Hartzell, D.1    Hekman, J.2    Miles, M.3
  • 7
    • 0002268752 scopus 로고
    • Does industrial structure explain the benefits of international diversification
    • Heston, S. and Rouwenhorst, K. 1994. Does industrial structure explain the benefits of international diversification. Journal of Financial Economics 36: 3-27.
    • (1994) Journal of Financial Economics , vol.36 , pp. 3-27
    • Heston, S.1    Rouwenhorst, K.2
  • 8
    • 4544308418 scopus 로고    scopus 로고
    • The relative importance of property type and regional factors in real estate returns
    • Lee, S. 2001. The relative importance of property type and regional factors in real estate returns. Journal of Real Estate Portfolio Management 7(2): 159-167.
    • (2001) Journal of Real Estate Portfolio Management , vol.7 , Issue.2 , pp. 159-167
    • Lee, S.1
  • 9
    • 0005727447 scopus 로고    scopus 로고
    • Diversification by property type, region or function: A mean absolute deviation optimisation
    • Lee, S. and Byrne, P. 1998. Diversification by property type, region or function: a mean absolute deviation optimisation. Journal of Property Valuation and Investment 16(1): 38-56.
    • (1998) Journal of Property Valuation and Investment , vol.16 , Issue.1 , pp. 38-56
    • Lee, S.1    Byrne, P.2
  • 10
    • 3543037354 scopus 로고
    • A survey of pension fund real estate portfolio risk management practices
    • Louargard, M. 1992. A survey of pension fund real estate portfolio risk management practices. Journal of Real Estate Research 7(4): 361-373.
    • (1992) Journal of Real Estate Research , vol.7 , Issue.4 , pp. 361-373
    • Louargard, M.1
  • 11
    • 0005657696 scopus 로고
    • Refining economic diversification strategies for real estate portfolios
    • Mueller, G. 1993. Refining economic diversification strategies for real estate portfolios. Journal of Real Estate Research 8(1): 55-68.
    • (1993) Journal of Real Estate Research , vol.8 , Issue.1 , pp. 55-68
    • Mueller, G.1
  • 12
    • 0005693945 scopus 로고
    • Real estate portfolio diversification using economic diversification
    • Mueller, G. and Ziering, B. 1992. Real estate portfolio diversification using economic diversification. Journal of Real Estate Research 7(4): 375-386.
    • (1992) Journal of Real Estate Research , vol.7 , Issue.4 , pp. 375-386
    • Mueller, G.1    Ziering, B.2
  • 13
    • 84909959619 scopus 로고    scopus 로고
    • Property Council of Australia, 2002. PCA: Sydney
    • Property Council of Australia. 2002. Investment Performance Index: June 2002. PCA: Sydney.
    • (2002) Investment Performance Index: June
  • 14
    • 84909959610 scopus 로고    scopus 로고
    • 2002. PIR: Melbourne
    • Property Investment Research. 2002. Annual Property Trust Review: 2002. PIR: Melbourne.
    • (2002) Annual Property Trust Review
  • 16
    • 85007812373 scopus 로고    scopus 로고
    • Real Estate Monthly Report (July)
    • UBSW: Sydney
    • UBS Warburg. 2002. Real Estate Monthly Report (July). UBSW: Sydney.
    • (2002)
    • Warburg, U.1
  • 17
    • 84984059591 scopus 로고
    • Real estate investment acquisition rules for life insurance companies and pension funds: A survey
    • Webb, J. 1984. Real estate investment acquisition rules for life insurance companies and pension funds: a survey. AREUEA Journal 12(4): 495-520.
    • (1984) AREUEA Journal , vol.12 , Issue.4 , pp. 495-520
    • Webb, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.