:: Volume 2, Issue 8 (Quarterly Journal of Fiscal and Economic Policies 2015) ::
qjfep 2015, 2(8): 83-102 Back to browse issues page
Examine the Role of Geographic Diversification in a Portfolio of Real Estate in Iran
Vahid Mahmudi , Mostafa Emamdoost * , Mohamad reza Mayeli
Abstract:   (8219 Views)
Investment in real estate such an attractive investment opportunities in Iran, which is always a major part of the assets of individuals and institutions is poured into it. This study also compares the performance of real estate investments in various geographic areas of the country, the impact of the geographical diversification of real estate portfolios in the period from 1370 to 1392 in 15 of the cases examined. The results show that, compared to other areas, the central region of the country with a small distance has the highest risk and yield. The examination of the Examine the relationship between the expected return on geographic areas of the country releave that there is a positive correlation between the returns of different areas. The findings regarding the effects of geographic diversification in a portfolio of geographically diversified portfolio of real estate that includes real estate, improved the condition of optimal portfolios and efficient frontier upward move will be.
Keywords: Real Estate, Investment Performance, Portfolio Investors
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Type of Study: Applicable | Subject: Special


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Volume 2, Issue 8 (Quarterly Journal of Fiscal and Economic Policies 2015) Back to browse issues page