Search for dissertations about: "Real estate asset"

Showing result 1 - 5 of 9 swedish dissertations containing the words Real estate asset.

2. 1. Institutional Real Investments : Real Estate in a Multi-Asset Portfolio

   Author : Jon Lekander; Åke Gunnelin; Tony Key; KTH; []
   Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Real Estate Investment; Asset Allocation; Alternative Assets; Multi-Asset Portfolio; Real Estate and Construction Management; Fastigheter och byggande;

   Abstract : The purpose of this thesis is to analyze real estate investments from the vantage point of an institutional multi asset investor perspective, both in terms of the potential benefits real estate can bring as well as the challenges it can pose. The thesis consists of six papers and approaches the research question from three distinct perspectives. READ MORE

4. 2. Improving strategic decisions for real estate investors : Perspectives on allocation and management

   Author : Sigrid Katzler; Svante Mandell; Inga-Lill Söderberg; Elias Oikarinen; KTH; []
   Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Public real estate; private real estate; MPT; time-varying correlation; liquidity; mixed-asset portfolio; real estate portfolio; diversification; outsourcing; Fastigheter och byggande; Real Estate and Construction Management;

   Abstract : Real estate is an attractive asset class in the mixed-asset portfolio due to favorable risk return characteristics and low correlations with other asset classes like stock and bonds. Unlike financial assets, real estate is a physical asset where large lot sizes/indivisibility, heterogeneity, low liquidity and high transaction costs make applying financial models like modern portfolio theory (MPT) challenging. READ MORE

5. 3. Essays in real estate finance

   Author : Eric Clapham; Handelshögskolan i Stockholm; []
   Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES;

   Abstract : dissertation contains seven papers. The first five are in the field of real estate finance, while the final two are asset pricing papers. The first paper explores equilibrium properties of lease rates. The framework is based on the concept of the term structure of lease rates, or the equilibrium rate as a function of lease length. READ MORE

6. 4. Waiting in real options with applications to real estate development valuation

   Author : Fredrik Armerin; Wilhelmsson Mats; Lindskog Filip; KTH; []
   Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Real options; Incomplete markets; Real Estate and Construction Management; Fastigheter och byggande;

   Abstract : In this thesis two dierent problems regarding real options are studied. The rst paper discusses the valuation of a timing option in an irreversible investment when the underlying model is incomplete. READ MORE

7. 5. Essays on Monetary Policy and Asset Markets

   Author : Virginia Queijo von Heideken; Torsten Persson; Jon Faust; Stockholms universitet; []
   Keywords : SAMHÄLLSVETENSKAP; SOCIAL SCIENCES; Monetary policy; DSGE models; long-term interest rates; financial frictions; house prices; Bayesian estimation; Economics; Nationalekonomi; Economics; nationalekonomi;

   Abstract : This thesis consists of three essays on monetary policy and asset markets.“Monetary Policy Regimes and the Volatility of Long-Term Interest Rates” addresses two questions that have been studied separately in the literature. First, the paper aims at explaining the high volatility of long-term interest rates observed in the data. READ MORE