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”


Real Estate Betas and Implications for Asset Allocation


Good investing,
Meb Faber