The Integration of Retail Space Markets
- UNCG Author/Contributor (non-UNCG co-authors, if there are any, appear on document)
- Gustav D. Jud, Retired (Creator)
- Daniel T. Winkler, Professor (Creator)
- Institution
- The University of North Carolina at Greensboro (UNCG )
- Web Site: http://library.uncg.edu/
Abstract: This study estimates optimized
portfolios on an efficient frontier of real estate investment
in the retail sector of fifty-eight metropolitan markets
(MSAs), using quarterly sample data covering 1987-
2000. The efficient opportunity sets and associated percentage
allocations are determined for the entire sample
of fifty-eight MSAs, as well as for subsets for each region
of the country. Findings indicate that some regions offer
much higher performance in a risk / return occupancy
context than others. Also, the occupancy risk / return performance
improves substantially when allocations are
not limited to particular regions, suggesting that the retail
space markets are relatively segmented.
The Integration of Retail Space Markets
PDF (Portable Document Format)
1080 KB
Created on 2/18/2011
Views: 1563
Additional Information
- Publication
- Journal of Real Estate Portfolio Management, vol. 8, no. 1, 2002, pp. 79-92.
- Language: English
- Date: 2002
- Keywords
- Real estate, Retail space, Metropolitan areas, Risk/return occupancy