Performance and diversification benefits of real estate stock and selected securities in Nigeria: A Comparative Evaluation

[...]investors are confronted with a universe of opportunities begging for capital commitment in the investment market.1 In Nigeria, several investment options comprising company shares and stocks, government bonds and treasury bills, exists in the investment market, most especially in the capital market (the Nigerian Stock Exchange) in which investment capital could be committed. [...]listed property stocks, an indirect form of investing in real estate piecemeal and with little or no investment and management costs, has emerged as an alternative asset class to securities.2 Globally, investment decisionmaking often is preceded and premeditated on sound investment performance measurement and analysis.