Results reported in the chapter showed that by including either REITs or the NCREIF Index in a
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Results reported in the chapter showed that by including either REITs or the NCREIF Index in a portfolio containing S&P 500 securities. corporate bonds, and T-bills, diversification benefits resulted. Why was this true? Did those benefits come about for the same reason for each cate- gory of real estate investment?
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Real Estate Finance And Investments
ISBN: 9780073524719
13th Edition
Authors: William Brueggeman, Jeffrey Fisher
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