ISBN-13: 9783838351506 / Angielski / Miękka / 2010 / 84 str.
The enlargement of the European Union and creation of the Economic and Monetary Union led to the integration not only of financial markets but real estate markets as well. Over the last two decades, real estate assets attracted more and more investors worldwide providing the possibility of portfolio risk reduction and improving significantly the portfolio performance. The integration of European real estate markets suggests the existence of high correlation and the following convergence relative to the common European Real Estate market. This book, therefore, contains the analysis of the extent of the bilateral convergence between 10 main European real estate markets relative to the global markets such as the Eurozone, the USA and Developed Asia real estate markets in order to see the bilateral influence of neighboring countries and, thereby, providing additional real estate opportunities for European cross-border investments. This book can be especially interesting for international investors in real estate, or anyone else who studies the integration of real estate markets from economic point of view.