skip to primary navigationskip to content

A Long-run Study of Real Estate Risk and Return

Project Title: A Long-run Study of Real Estate Risk and Return

PI: Eva Steiner (Land Economy) and David Chambers (CEAM, CJBS)

Project Period: July 2015 - August 2017

Property is a major asset class within institutional investment portfolios. Investors usually allocate to property based on assumptions about risk and return relative to traditional asset classes, namely, stocks and bonds. However, in contrast to stocks and bonds, there is little empirical evidence on the long-run risk and return characteristics of property. This is true for commercial property, agricultural land, and to a lesser extent residential property held for investment purposes. The objective of this project is to construct a new data set on property in the UK and to investigate its long-run performance.

Project Update - March 2016

RSS Feed Latest news

NEW VACANCIES - CERF research Assistants/Associates

Dec 19, 2019

We are looking to recruit a Research Assistant/Associate to work at the Cambridge Endowment for Research in Finance (CERF) based in Central Cambridge at the University of Cambridge Judge Business School.

View all news