Abstract

AbstractThis paper illustrates why US real estate holds such appeal to the international investment community despite currently weak property market fundamentals. In part, US real estate is an attractive investment alternative because of its low correlation with other asset classes and because real estate demonstrates relatively stable current income returns over time. With up to 40 per cent of the world's institutional quality real estate located within the US, investors can achieve higher returns while taking advantage of the geographic and economic diversification of 60 major markets. In the near term, prospects for stronger real estate returns improve as the US economy strengthens and real estate market fundamentals firm, particulary in comparison to the world's other major industrialised economies. Copyright © 2004 Henry Stewart Publications

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call