Eres : Digital Library : Works

Paper eres2008_140:
THE ROLE OF TIMBERLAND IN UK INVESTMENT PORTFOLIOS

id eres2008_140
authors Eves, Chris; Graeme Newell
year 2008
title THE ROLE OF TIMBERLAND IN UK INVESTMENT PORTFOLIOS
source Book of Abstracts: 15th Annual European Real Estate Society Conference in Kraków, Poland
summary Timberland is now regarded as a long-term investment with both institutional investors and absentee owners. This paper utilises the IPD Forestry index to examine the performance of UK timberland over the period of 1987-2006. Forestry land in both Australia and the US was found to provide significant risk reduction and portfolio diversification benefits in the portfolio resulting from the low risk and low correlation with stocks and bonds. This paper will analyse the returns for UK forestry land to determine if similar benefits apply in the UK. Timberland has also been found to make a significant contribution to a portfolio of stocks, bonds and real estate, particularly at low to midrange portfolio risk levels. Again, the UK data will be analysed to see if similar benefits are provided the UK forest land asset class.
series ERES:conference
email evesa@lincoln.ac.nz
discussion No discussions. Post discussion ...
ratings
session G4
last changed 2008/11/26 14:05
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