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024 7 $a10.4324/9781315315201 
035   $a(CKB)3710000000960732
035   $a(MiAaPQ)EBC4748552
035   $a(OCoLC)964527810
035   $a(BIP)56714864
035   $a(BIP)56714710
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100   $a20180706d2017      uy         0
101 0 $aeng
135   $aurcnu||||||||
181   $2rdacontent
182   $2rdamedia
183   $2rdacarrier
200 10$aReal estate in Italy $emarkets, investment vehicles and performance /$fGuido Abate and Guiditta Losa ; [foreword by Manfredi Catella]
205   $a1st ed.
210  1$aAbingdon, Oxon ;$aNew York, N.Y. :$cRoutledge,$d2017.
215   $a1 online resource (84 pages) $cillustrations, tables, graphs
225 1 $aRoutledge Focus
225 0 $aInternational Real Estate Markets
311 08$a1-138-23151-7 
320   $aIncludes bibliographical references and index.
327   $a1. Real estate market in Italy -- 2. Italian financial real estate from a European perspective -- 3. Real estate investment funds -- 4. Real estate fixed capital investment companies (SICAFs) -- 5. Real estate investment trusts (SIIQs) -- 6. Italian AIFs and SIIQs : comparative analysis -- 7. Performance of Italian closed-end AIFs.
330   $aThis in-depth case study evaluates the recent evolution of the Italian real estate market, which has lately been subject to two interlocking phenomena: a serious devaluation of physical assets and, at the same time, a deep legislative innovation of the vehicles investing in this asset class. The novelty of the legal framework of some of the Italian real estate investment vehicles and the recent developments in the market make this detailed analysis a fascinating addition to the literature. The book starts with an analysis of the Italian real estate sector, covering the evolution and performance in light of the economic crisis and the most recent legislative innovations. Italian real estate investment vehicles are then compared with a broader European perspective. Each Italian investment vehicle (real estate investment funds, real estate fixed capital investment companies and real estate investment trusts) is then analysed in both legal and financial details, providing insights into management structure, the rights and powers of investors, the typical investment process and the related costs. The different management models are then compared in order to assess their advantages and disadvantages, especially for institutional investors. The performance measurement of Italian closed-end alternative investment funds and the phenomenon of discount to net asset value for listed real estate investment funds are then subject to a theoretical and empirical examination.
410  0$aInternational real estate markets (London, England)
606   $aReal property$zItaly
606   $aReal property$xValuation$zItaly
606   $aReal estate investment$zItaly
606   $aReal estate business$zItaly
615  0$aReal property
615  0$aReal property$xValuation
615  0$aReal estate investment
615  0$aReal estate business
676   $a333.330945
700   $aAbate$b Guido.$0892706
701   $aLosa$b Guiditta$0892707
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910153193103321
996   $aReal estate in Italy$91993942
997   $aUNINA