Skip to Main Content
Global Investing
book

Global Investing

by Darrin Erickson
December 2022
Intermediate to advanced content levelIntermediate to advanced
352 pages
9h 8m
English
Wiley
Content preview from Global Investing

CHAPTER 18Real Estate

________________

The global real estate sector includes companies that predominately own and manage real estate assets across a variety of property types from distribution centers to office skyscrapers, business parks, multi-family residential properties, shopping malls, data centers, cell towers, and self-storage facilities. Real estate offers unique characteristics that can enhance the risk-and-return profile of an investor's portfolio. It is generally regarded as a separate asset class from stocks and bonds, as real estate has historically exhibited relatively low correlations with other sectors of the market.

Publicly traded real estate companies are a preferred way for investors to gain access to real estate properties capable of generating consistent income and attractive capital gains. Investing in real estate through the public markets has four main benefits over private (direct) real estate investing. First, private real estate is illiquid. In addition to the lengthy sales process for an individual property, many fund investments in private real estate have a multi-year lockup period preventing investors from exiting. On the other hand, publicly traded real estate securities are exchange traded and can be transacted on during regular market hours. Second, most private investors limit themselves to more traditional property types like office, residential, industrial, and retail, but there are more niche opportunities in the public markets for ...

Become an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
and much more.
Start your free trial

You might also like

Investing for the Long Term

Investing for the Long Term

Francisco Parames
Bulletproof Investing

Bulletproof Investing

James Fitzgerald
Handbook of International Economics

Handbook of International Economics

Gita Gopinath, Elhanan Helpman, Kenneth Rogoff

Publisher Resources

ISBN: 9781119856665Purchase Link