REAL ESTATE INVESTMENTS – MARKET CHARACTERISTICS, MODELS AND ACQUISITION DECISIONS Cover Image

ИНВЕСТИЦИИ В НЕДВИЖИМИ ИМОТИ – ПАЗАРНИ ХАРАКТЕРИСТИКИ, МОДЕЛИ И РЕШЕНИЯ ЗА СЕЛЕКЦИЯ
REAL ESTATE INVESTMENTS – MARKET CHARACTERISTICS, MODELS AND ACQUISITION DECISIONS

Author(s): Lubomir Dimitrov
Subject(s): Economy
Published by: Стопанска академия »Д. А. Ценов«
Keywords: commercial real estate market(s);four-quadrant model;market cy-cle model;strategic analysis;real estate investment selection process

Summary/Abstract: The article explores the possibility of improving risk-return characteristics of investment properties through a better understanding of the real estate system and the introduction of a consistent process for investment projects selection. First, it presents an overview of the core characteristics of the real estate market, followed by two models to explain its mechanism: the four-quadrant and market cycle models. Then, it proposes a process for the selection of real estate investment properties, which should help investors avoid some of the risks inherent to real estate investments.

  • Issue Year: 2016
  • Issue No: 11
  • Page Range: 3-22
  • Page Count: 23
  • Language: English