Refining the Analysis of Regional Diversification for Income-Producing Real Estate
The few studies that have looked at regional diversification of real estate portfolios have segmented the United States into four regions without regard to the underlying economic activity in those four regions. In this study, results are presented which analyze the regional diversification issue by...
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| Veröffentlicht in: | The Journal of real estate research 1987-12, Vol.2 (2), p.85-95 |
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| container_title | The Journal of real estate research |
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| creator | Hartzell, David J. Shulman, David G. Wurtzebach, Charles H. |
| description | The few studies that have looked at regional diversification of real estate portfolios have segmented the United States into four regions without regard to the underlying economic activity in those four regions. In this study, results are presented which analyze the regional diversification issue by segmenting the country into eight regions based on similar underlying economic fundamentals. The results differ from previous studies in showing that eight-region diversification provides benefits that cannot be achieved from four-region diversification, hence indicating that location does play an important role in real estate portfolio management. |
| doi_str_mv | 10.1080/10835547.1987.12090537 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0896-5803 |
| ispartof | The Journal of real estate research, 1987-12, Vol.2 (2), p.85-95 |
| issn | 0896-5803 2691-1175 |
| language | eng |
| recordid | cdi_proquest_journals_1293374512 |
| source | Jstor Complete Legacy; Periodicals Index Online |
| subjects | Correlation coefficients Correlations Economic regions Financial portfolios Industrial agriculture Investment portfolios Minerals Portfolio diversification Real estate Real estate economics |
| title | Refining the Analysis of Regional Diversification for Income-Producing Real Estate |
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