Real Estate Investment Performance Introduction Real Estate Investment Slides: 40 Download presentation Real Estate Investment Performance Introduction Real Estate Investment Performance Real Estate Investment Performance Real Estate Investment Performance Real Estate Investment Performance Real Estate Investment Performance Real Estate Investment Performance Real Estate Investment Performance Real Estate Investment Performance EREITS, Russell 2000, SNP 500 and CPI: 1979 -2006 Real Estate Investment Performance Risk Adjusted Performance Indexes Real Estate Investment Performance Real Estate Investment Performance Risk Adjusted Performance Indexes Real Estate Investment Performance Risk Adjusted Performance Indexes Real Estate Investment Performance Risk Adjusted Performance Indexes Real Estate Investment Performance Risk Adjusted Performance Indexes Real Estate Investment Performance Portfolio Diversification Real Estate Investment Performance Portfolio Diversification Efficient frontier with and without REITs Stocks, bonds, T-bills, and REITs 1972 – 2005 Source: www. nareit. com Potential to reduce risk and increase return Stock and bond investors, 1972 -2005 Source: www. nareit. com Potential to reduce risk and increase return Fixed-income investors, 1972 -2005 Source: www. nareit. com Investment Performance with Global Real Estate Investment Performance with Global Real Estate Investment Performance with Global Real Estate Investment Performance with Global Real Estate Investment Performance with Global Real Estate Investment Performance with Global Real Estate Investment Performance with Global Real Estate Investment Performance with Global Real Estate Investment Performance with Global Real Estate Investment Performance with Global Real Estate Pension Funds Pension Funds Pension Funds and Real Estate Pension Funds and Real Estate Pension Funds and Real Estate Pension Funds and Real Estate