11.00- 11.30 AM CET
Download the research paper here
We are pleased to host three webinars for the EPRA Research Webinar Series dedicated to research papers under EPRA Academic Research Programme 2023.
The key findings will be presented by the authors of the papers and the implications for listed real estate will be discussed.
Research Paper 1: ''The Volatility of LRE in Europe and Portfolio Implications''
Written by: Martin E. Hoesli, Louis Johner and Zhaklin Krayushkina (University of Geneva)
"During the past 20 years, European listed real estate experienced several periods of heightened volatility. In our research paper, we study how volatility varies over time and across sectors and/or countries, and how to take advantage of large price movements in the context of a listed real estate portfolio. We demonstrate the usefulness for investors of considering tactical rebalancing schemes based on price volatilities and premia/discounts to NAV, and we assess the incremental performance that can be achieved when implementing these schemes. We find that taking into account volatility in portfolio allocation decisions is especially beneficial for investors relying on stable and well-balanced allocation strategies, like most institutional investors."
Structure of the webinar:
Introduction remarks - Dilek Pekdemir, Research Manager at EPRA
Research paper presentation - Moderated by Alex Moss (The Bayes Business School) and presented by Jackline Kraiouchkina (University of Geneva)
Q&A Session - Answered by Louis Johner (University of Geneva)
We are looking forward to welcoming you online!