Real Estate Asset Management by Michael Trubestein
Real Estate Asset Management

Real Estate Asset Management


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About the Book

Institutionelle Investoren (mithin Pensionskassen, Lebensversicherungsunternehmen, Stiftungen und Vorsorge-/Versorgungswerke) verfügen über hohe Investitionen in Immobilienanlagen. Das Management dieser Investitionen und des Bestandes erfolgt auf institutioneller Ebene i.d.R. im Rahmen des Asset Managements bzw. des auf Immobilien spezialisierten Real Estate Asset Managements. Trotz der hohen Investitionen ist der Markt des internen und externen "Asset Managements" stark fragmentiert und intransparent, d.h. ein Vergleich unterschiedlicher Asset Management-Standards und -Ansätze ist bis heute nicht bzw. nur schwer möglich und führt zu Ineffizienzen auf dem Markt. Gleichwohl ist am Markt eine Professionalisierung der direkten und indirekten Immobilienanlage feststellbar. An dieser Stelle setzt das vorliegende Forschungsvorhaben an mit dem Ziel, den aktuellen Stand zum Real Estate Asset Management in der Schweiz, Deutschland und Österreich im Rahmen einer empirischen Erhebung in Kooperation mit der ASIP Verband der Schweizerischen Pensionskassen aufzuzeigen, untereinander abzugleichen und mit historischen Daten zu vergleichen. Dabei stellt sich insbesondere die Frage, wie die Bereiche Asset Allokation im Immobilienbereich, Asset Management und Organisation strukturiert sind und an welchen Stellen Optimierungspotentiale bestehen. Dabei werden sowohl die Bereiche der direkten Immobilienanlage als auch der indirekten Immobilienanlage anhand der gewonnenen Daten diskutiert. In der wissenschaftlichen Fachliteratur existieren zahlreiche Studien zu dem Bereich "Asset Management", allerdings sind diese i.d.R. auf ein Land beschränkt, betrachten nicht ausschließlich den Bereich "Immobilie", orientieren sich am reinen Portfolio-Management bzw. der Portfolio-Optimierung oder spiegeln nicht den aktuellen Stand der Unternehmenspraxis wider. Die empirische Erhebung unter den institutionellen Investoren wurde im Juli und August 2014 durchgeführt und ab September 2014 ausgewertet. Die Forschungsergebnisse sollen im Rahmen einer Buchpublikation veröffentlicht und auf mehreren Konferenzen im I. Quartal 2015 und bei ausgewählten Investoren verteilt werden.
About the Author:

Professor Dr. Michael Trübestein ist Professor für Immobilienmanagement an der Hochschule Luzern mit den Schwerpunkten Real Estate Investment und Real Estate Asset Management.


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Product Details
  • ISBN-13: 9783658087838
  • Publisher: Springer Gabler
  • Publisher Imprint: Springer Gabler
  • Edition: 1. Aufl. 2015, 3., Korr. Nachd ed.
  • Language: German
  • Returnable: Y
  • Spine Width: 19 mm
  • Weight: 634 gr
  • ISBN-10: 3658087838
  • Publisher Date: 14 Jun 2015
  • Binding: Paperback
  • Height: 244 mm
  • No of Pages: 346
  • Series Title: German
  • Sub Title: Studienergebnisse Zu Direkten Und Indirekten Immobilieninvestitionen in Der Schweiz, Deutschland Und Österreich
  • Width: 170 mm


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