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http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/43119完整後設資料紀錄
| DC 欄位 | 值 | 語言 |
|---|---|---|
| dc.contributor.advisor | 胡星陽(Shing-Yang Hu) | |
| dc.contributor.author | Ju Yin Olive Chang | en |
| dc.contributor.author | 張如茵 | zh_TW |
| dc.date.accessioned | 2021-06-15T01:37:54Z | - |
| dc.date.available | 2009-07-29 | |
| dc.date.copyright | 2009-07-29 | |
| dc.date.issued | 2009 | |
| dc.date.submitted | 2009-07-16 | |
| dc.identifier.citation | • Chen, Dr. Lijian and Mills, Thomas I., “Global Real Estate Investment - Vol. II The world is becoming flatter “, UBS Global Asset Management Real Estate Research, 2006
• Davis, E. Philip (January 2003). 'Comparing bear markets - 1973 and 2000'. National Institute Economic Review 183 (1): pp. 78–89 • Downs, Anthony, “Among REITs, is bigger almost always better?”, National Real Estate Investor Magazine, April 1, 1998 http://nreionline.com/mag/real_estate_among_reits_bigger/ • EPRA Global REITs Survey, 2008 • Kaiser, Ronald W., “Public REITs vs. Private Real Estate: Assessing Your Options”, Bailard, August 29, 2002 • Morgan Stanley Real Estate Analyst Training Booklet, June 2006 • Morgan Stanley Real Estate Special Situation Fund III Offering Memorandum, November 2005 • Morgan Stanley Real Estate Discussion Materials Booklet, October 2006 • Morgan Stanley Real Estate Fund VI International Funds Quarterly Report, Third Quarter 2007, Forth Quarter 2007, First Quarter 2008, Second Quarter 2008, Third Quarter 2008, Forth Quarter 2008 • Morgan Stanley Real Estate Special Situation Fund III Quarterly Report First Quarter 2007, Second Quarter 2007, Third Quarter 2007, Forth Quarter 2007, First Quarter 2008 • Pagliari, Joseph and Scherer, Kevin, “Public versus Private Real Estate Equities: A More Refined, Long-Term Comparison”, Real Estate Economics V33, 2005, pg. 147-187 • Park, Abraham U., “Private vs. Public Real Estate Markets - How are these markets related in terms of risk and return?” • Perron, P.; University, Princeton; Program, Econometric Research (1988) (PDF), The Great Crash, the Oil Price Shock and the Unit Root Hypothesis, Econometric Research Program, Princeton University Princeton, NJ • Petkunas, Frank J and Mueller, Glenn R, “Commingled real estate fund trading: The emergence of a formalized secondary trading market”, Journal of Real Estate Portfolio Management, 1998 • Pimco, “Real Estate Real Return Strategy Offers More than an Inflation Hedge”, July 2006 • Wu, Wen-Chieh and Chang, Chin-Oh, “Taiwan Real Estate Market in the Post Asian Financial Crisis Period”, International Conference of Asian Crisis, IV: The Recovery and the Rest of the World, June 30, 2002 • Yau, Jot K., “Alternative Investments Portfolio Management”, Managing Investment Portfolios 3rd Edition, CFA Institute • “Frequently asked questions on General and Limited Partner”, Ministry of Economical Development • “REITs: Building Dividends and Diversification”, National Association of Real Estate Investment Trusts • 姜堯民, 不動產投資－裡論與實務, 新陸書局, 2001 • 谷月涵, “房市投資點浮現”, 今周刊, 2003.08.25, pg. 16 • 梅原一哲,“亞澳國家不動產投資信託之研究”, 2005 | |
| dc.identifier.uri | http://tdr.lib.ntu.edu.tw/jspui/handle/123456789/43119 | - |
| dc.description.abstract | Real estate is one of the earliest forms of traditional alternative investments and therefore plays a very important role in institutional and individual investor’s portfolios. There are a few different types of real estate equity investing methods: direct real estate investment, real estate investment trusts and commingled real estate funds. This thesis will compare public and private real estate equities and evaluate whether it is possible for pubic and private real estates to substitute for one another. In the short-term horizon, public real estate acts more like small cap stocks, while for the long-term horizon, public real estate returns are comparable to those of moderately leveraged private real estates. A mixed-asset portfolio that includes both public and private real estates can enhance risk-adjusted returns compared to portfolios without allocation of real estate assets. | en |
| dc.description.provenance | Made available in DSpace on 2021-06-15T01:37:54Z (GMT). No. of bitstreams: 1 ntu-98-R96749016-1.pdf: 1327126 bytes, checksum: 94ec24c877b9579f8c6818b4cc255622 (MD5) Previous issue date: 2009 | en |
| dc.description.tableofcontents | Chapter 1: Introduction 1
Chapter 2: Real Estate Industry Analysis 5 1. Historical Cycles in Taiwan 2. Economic Indicators Chapter 3: Direct Investments 11 1. Introduction 2. Investment Characteristics Chapter 4: Real Estate Investment Trusts (REITs) 14 1. Introduction 2. Types of REITs 3. Global REITs 4. T-REITs 5. A-REITs Chapter 5: Commingled Real Estate Funds 27 1. Introduction 2. Case Study: Morgan Stanley Real Estate Funds 3. Case Study: Morgan Stanley Special Situations Funds Chapter 6: Public and Private Real Estate 36 Chapter 7: Conclusions 48 References 49 | |
| dc.language.iso | en | |
| dc.subject | 不動產證券化 | zh_TW |
| dc.subject | 不動產 | zh_TW |
| dc.subject | Commingled Funds | en |
| dc.subject | Real Estate Investment Trusts | en |
| dc.subject | Real Estate | en |
| dc.title | 不動產基金研究 | zh_TW |
| dc.title | Real Estate Investments | en |
| dc.type | Thesis | |
| dc.date.schoolyear | 97-2 | |
| dc.description.degree | 碩士 | |
| dc.contributor.oralexamcommittee | 陳明賢(Ming-Shen Chen),曹承礎(Seng-Cho Chou) | |
| dc.subject.keyword | 不動產,不動產證券化, | zh_TW |
| dc.subject.keyword | Real Estate,Real Estate Investment Trusts,Commingled Funds, | en |
| dc.relation.page | 51 | |
| dc.rights.note | 有償授權 | |
| dc.date.accepted | 2009-07-16 | |
| dc.contributor.author-college | 管理學院 | zh_TW |
| dc.contributor.author-dept | 企業管理碩士專班 | zh_TW |
| 顯示於系所單位： | 管理學院企業管理專班(Global MBA) | |
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| 檔案 | 大小 | 格式 | |
|---|---|---|---|
| ntu-98-1.pdf 未授權公開取用 | 1.3 MB | Adobe PDF |
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