Real Estate Betas
Great piece from Mladina on real estate betas…
Short quote then the download:
“The compensated portion of public REIT returns is explained by a rich factor mix that is analogous to a port- folio composed of approximately 60% small value stocks and 40% long-term high-yield bonds”
Downloads
Real Estate Betas and Implications for Asset Allocation
Website
https://www.northerntrust.com/
Good investing,
Meb Faber
theideafarm.com