Abstract
The primary objective of diversification is to assemble an investment portfolio that contains a minimum level of risk relative to the expected return of the portfolio (“Minimum Variance Portfolio”). Investors such as REITS, pension funds, insurance companies, etc. diversity their real estate portfolios through selecting different property types (apartments, office buildings, etc.) and/or acquiring properties from different geographical locations.
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© 1995 Kluwer Academic Publishers
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Williams, J.E. (1995). Real Estate Portfolio Diversification by Sources of Return. In: Schwartz, A.L., Kapplin, S.D. (eds) Alternative Ideas in Real Estate Investment. Research Issues in Real Estate, vol 2. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-0367-8_7
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DOI: https://doi.org/10.1007/978-94-009-0367-8_7
Publisher Name: Springer, Dordrecht
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