by Heinz Rehkugler · Walter de Gruyter · tapa dura · ISBN 9783486582673
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«Die Immobilie als Kapitalmarktprodukt» is the essay edited by Heinz Rehkugler, published by De Gruyter Oldenbourg in hardback (642 pages, in German).
The book analyses real estate as a capital market product and securitised real estate investments, with special attention to REITs. It addresses the valuation of these products, assessment methods, the effect of taxation on value and risk measurement. It also explains the factors that the financial market rewards or punishes and how to choose products suited to each investor profile.
Originally published in 2009, it corresponds to the first edition of a work linked to the Expertengruppe 'Immobilien' of the DVFA.
Aimed at private and institutional investors and students of real estate economics interested in securitised real estate investment.
