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  • June 2009 (Revised August 2010)
  • Background Note
  • HBS Case Collection

How Institutional Investors Think About Real Estate

By: Arthur I Segel
  • Format:Print
  • | Pages:10
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Abstract

Real estate is an increasingly important component in the portfolios of institutional investors. This note discusses the issues these investors must consider when investing in real estate from the legal forms of ownership, to separate or commingled funds, to property type and geography, to broad or focused managers, to leverage, to the timing of investment, and finally, to the compensation paid to both external managers and internal staff.

Keywords

Investment; Investment Funds; Investment Portfolio; Property; Financial Services Industry

Citation

Segel, Arthur I. "How Institutional Investors Think About Real Estate." Harvard Business School Background Note 209-152, June 2009. (Revised August 2010.)
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About The Author

Arthur I Segel

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More from the Author
  • Balancing Returns and Responsibilities at Raya Partners By: Arthur Segel, Ephraim Mernick, Derek C. M. van Bever and Olivia Barba
  • Southern California Industrial: Freezer Drive By: Arthur I Segel, Dwight Angelini and W. Matt Kelly
  • Expanding the Bicester Collection to New York By: Boris Vallee, Kirby Brand, Kristina Brown, Julie McCrimlisk, Chloe Sztabnik and Arthur Segel
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