Access the full text.
Sign up today, get DeepDyve free for 14 days.
and G. MacKinnon, REIT Market Maturation and Pricing Dynamics
, 17
and G. MacKinnon, The Time-Varying Nature of the Link between REIT, Real Estate and Financial Asset Returns
, 7
J. R. Webb and F. C. Neil Myer, Diversification Issues in Real Estate Investment
, 7
REITs and Real Estate: Two Markets Re-examined
, 13
Closed End Real Estate Funds [German language]. In Schulte, K.-W. (Ed.)
International Diversification of Real Estate Assets-Is It Worth It? Evidence from the Literature
, 11
Institutional Aspects of Real Estate Economics [German language]. In Schulte, K.-W. (Ed.)
Real Estate Corporations [German language]. In Schulte, K.-W. (Ed.)
In Germany, open-ended real estate funds have faced the highest cash inflows in their history turning them into a major player on the German market. At the same time, on the regulatory side, the “Fourth Financial Markets Promotion Act” significantly increased the possibilities for German funds to invest internationally. This paper examines the history, construction and characteristics of German open-ended real estate funds. They are compared to other forms of indirect real estate investment and the most important improvements brought about by the Fourth Financial Markets Promotion Act are described. Fund managers in the future will increase the percentage of their portfolios invested abroad, increasing the importance of German open-ended real estate funds.
Journal of Real Estate Literature – Taylor & Francis
Published: Jan 1, 2006
Read and print from thousands of top scholarly journals.
Already have an account? Log in
Bookmark this article. You can see your Bookmarks on your DeepDyve Library.
To save an article, log in first, or sign up for a DeepDyve account if you don’t already have one.
Copy and paste the desired citation format or use the link below to download a file formatted for EndNote
Access the full text.
Sign up today, get DeepDyve free for 14 days.
All DeepDyve websites use cookies to improve your online experience. They were placed on your computer when you launched this website. You can change your cookie settings through your browser.