Characteristics of German Real Estate Return Distributions: Empirical Evidence from Germany and Comparison to the U.S. and U.K
- In contrast to the United States and the United Kingdom, little empirical work exists about the distributional characteristics of appraisalbased real estate returns outside these countries. The purpose of this study is to fill this gap by focusing on Germany. In line with other studies, this paper offers an extensive investigation into the distribution of German real estate returns and compares them with and U.S. and U.K. data in the same period. Furthermore, the comovements with bonds and stocks are also examined. In the core, the distributional characteristics for German real estate are comparable to that for the U.S. and U.K.
| Author: | Raimond MaurerGND, Frank Reiner, Steffen Sebastian |
|---|---|
| URN: | urn:nbn:de:hebis:30-17865 |
| ISSN: | 1083-5547 |
| Parent Title (English): | Journal of Real Estate Portfolio Management |
| Document Type: | Article |
| Language: | English |
| Year of Completion: | 2004 |
| Year of first Publication: | 2004 |
| Publishing Institution: | Universitätsbibliothek Johann Christian Senckenberg |
| Release Date: | 2005/10/07 |
| Volume: | 10 |
| Issue: | 1 |
| First Page: | 59 |
| Last Page: | 76 |
| Source: | Journal of Real Estate Portfolio Management, 10, S. 59-76 ; www.econbiz.de/archiv/f/uf/finanzierung/characteristics_real_estate.pdf |
| HeBIS-PPN: | 42545469X |
| Institutes: | Wirtschaftswissenschaften / Wirtschaftswissenschaften |
| Dewey Decimal Classification: | 3 Sozialwissenschaften / 33 Wirtschaft / 330 Wirtschaft |
| Licence (German): |  Deutsches Urheberrecht |
