Eres : Digital Library : Works

Paper eres2005_179:
Holding Periods and Investment Performance: Analysing Office Returns

id eres2005_179
authors Gardner, Alan; Gerald Eve and George Matysiak
year 2005
title Holding Periods and Investment Performance: Analysing Office Returns
source Book of Abstracts: 2005 European Real Estate Society conference in association with the International Real Estate Society
summary Do holding periods matter? Holding periods are an important factor impacting on the performance of asset classes that are traded in open markets. The length of time investors have held or intend to hold an asset has a major input into investors' considerations at both a strategic and tactical level. Property is assumed to have much longer holding periods than those in other financial markets, reflecting the costs of transaction, lack of liquidity and opportunities for active management. At a time when property has enjoyed a renaissance in a multi-asset investment context, investors require an assessment of the contribution that holding periods make to performance. Based on a specially constructed database at IPD, this paper reports how office holding periods have contributed to performance, providing results across funds types and locations.
series ERES:conference
type normal paper
discussion No discussions. Post discussion ...
ratings
session Session E4
last changed 2008/11/01 09:47
HOMELOGIN (you are user _anon_386455 from group guest) Powered by SciX Open Publishing Services 1.002