LEADER 03172nam 2200709Ia 450 001 9910449911903321 005 20200520144314.0 010 $a1-280-51527-9 010 $a9786610515271 010 $a1-84544-385-3 035 $a(CKB)1000000000004129 035 $a(EBL)289837 035 $a(OCoLC)70735702 035 $a(SSID)ssj0000465898 035 $a(PQKBManifestationID)11301117 035 $a(PQKBTitleCode)TC0000465898 035 $a(PQKBWorkID)10440813 035 $a(PQKB)10962323 035 $a(MiAaPQ)EBC289837 035 $a(Au-PeEL)EBL289837 035 $a(CaPaEBR)ebr10058646 035 $a(CaONFJC)MIL51527 035 $a(EXLCZ)991000000000004129 100 $a20041016d2004 my 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 00$aInternational real estate$b[electronic resource] /$fguest editors, Tien Foo Sing and Seow Eng Ong 210 $a[Bradford, England] $cEmerald Group Pub.$d2004 215 $a1 online resource (139 p.) 225 1 $aJournal of property investment & finance ;$vv. 22, no. 1, 2004 300 $aDescription based upon print version of record. 311 $a0-86176-946-5 320 $aIncludes bibliographical references. 327 $aCONTENTS; EDITORIAL ADVISORY BOARD; Abstracts and keywords; Guest editorial; Testing the statistical significance of real estate in an international mixed asset portfolio; Property price indices in the Commonwealth; An analysis of the trends and cyclical behaviours of house prices in the Asian markets; Land value capture mechanisms in Hong Kong and Singapore; Restrictions on the foreign ownership of property; Preferences for Korean seniors housing; Note from the publisher 330 $aThis study re-examines the potential role that direct real estate can play in institutional mixed-asset portfolios. The paper examines the statistical improvement in performance that can result from the inclusion of real estate in an international mixed asset portfolio, using both in-sample and out-of-sample data. Using US real estate data the results provide evidence that in most cases real estate does not lead to a significant improvement in portfolio performance in sample. However, out-of-sample tests indicate that the asset does provide a valuable diversification asset, with significant im 410 0$aJournal of property investment & finance ;$vv. 22, no. 1. 606 $aReal property$zAsia 606 $aReal property$zSingapore 606 $aReal property$zIndonesia 606 $aReal property$zChina$zHong Kong 606 $aHousing$zAsia 606 $aHousing$zKorea 608 $aElectronic books. 615 0$aReal property 615 0$aReal property 615 0$aReal property 615 0$aReal property 615 0$aHousing 615 0$aHousing 676 $a363.5 701 $aSing$b Tien Foo$0970815 701 $aOng$b S. E$g(Seow Eng)$0953632 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910449911903321 996 $aInternational real estate$92206618 997 $aUNINA