ABSTRACT
Real Estate Investment: A Strategic Approach provides a unique introduction to both the theory and practice of real estate investing, and examines the international real estate investment industry as it reacts to the global financial crisis.
Andrew Baum outlines the market and the players who dominate it; the investment process; the vehicles available for investment; and a suggested approach to global portfolio construction. The book contains many useful features for students including discussion questions, a full further reading list and case studies drawing on international examples from the UK, continental Europe, the USA and Asia.
Ideal for undergraduate and postgraduate students on all real estate and property courses and related business studies and finance courses, Real Estate Investment is designed to provide a foundation for the next generation of investment managers, advisers and analysts.
Further resources for lecturers and students are available at: www.routledge.com/cw/baum
TABLE OF CONTENTS
part |63 pages
Introduction to real estate and the real estate market
chapter |32 pages
Real estate – the asset class
chapter |29 pages
The market – and who makes it
part |91 pages
The investment process
chapter |20 pages
Building and managing the portfolio
chapter |40 pages
Pricing real estate: the purchase and sale process
chapter |29 pages
Performance measurement and attribution
part |88 pages
Investment vehicles
chapter |24 pages
Listed real estate
chapter |34 pages
Unlisted real estate funds
chapter |28 pages
Property derivatives
part |46 pages
International real estate investment