Direct real estate

Direct real estate is an important part of most portfolios, offering diversification benefits and returns that are uncorrelated to listed assets.

Property

"Direct investing" allocation of the portfolio focuses on the following transactions concerning the property investments:

  • Property transaction to acquire ownership
  • Property management to control performance
    • Real Estate Management
      • Level: investor portfolio
    • Portfolio Management
      • Level: property portfolio
      • Ensuing efficient use
        • Earnings growth
        • Risk reduction
      • Optimisation of property portfolio
        • Adjustment of property portfolio
        • Property mix
          • Location
          • Use
          • User
      • Refinancing and hedging strategies
    • Facility Management
      • Level: individual property
      • Technical operation
      • Letting / management
  • Financing Real Estate Investments
  • Hedging
    • Property value fluctuation
    • Property returns
    • Amortisation
    • Liquidity (insolvency risks)
    • Market and general conditions

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