Download This PaperInternational Real Estate Investments
Garay, U. “International Real Estate Investments.” In Kazemi, H.; Black, K.; and D. Chambers (Editors), Alternative Investments: CAIA Level II, Chapter 18, Wiley Finance, 3rd Edition, 2016, pp. 451-477.
36 Pages Posted: 28 Aug 2020
Date Written: 2016
Abstract
Cross-border real estate investing offers opportunities for enhanced diversification. Investors often begin real estate investing domestically because local opportunities are more familiar and easier to undertake than cross-border (international) investments. As investors gain experience investing in a variety of domestic real estate projects, they often look to other countries for new opportunities. Institutional investors pursuing direct access to real estate assets often begin investing abroad by becoming a limited partner in an international project somewhat similar to the domestic opportunities with which they are already familiar and experienced.
Keywords: Cross border, real estate, currency risk
JEL Classification: G11, G12, G14
Suggested Citation: Suggested Citation