PL EN


2009 | 226 |
Article title

Równowaga według modelu wyceny aktywów kapitałowych a rynek nieruchomości

Content
Title variants
PL
CAPM Relationship Between Return and Risk and the Real Estate Market
Languages of publication
Abstracts
EN
The Capital Asset Pricing Model is a way of looking at the relationship between return and risk in a portfolio context. It considers the trade-off between return and risk to establish if an asset is correctly priced. In literature there is critics of using CAPM to analyse investment on the real estate market but it should be underlined that in changing economy and developing of public real estate markets CAPM is more acceptable in real estate investment's context. The authors analyse the results of investment in development companies in Poland. The thesis about overpricing them is not confirmed and they can be a benefiting part of investment portfolio.
Keywords
Year
Volume
226
Physical description
Dates
published
2009
Contributors
References
Document Type
Publication order reference
Identifiers
URI
http://hdl.handle.net/11089/7772
YADDA identifier
bwmeta1.element.hdl_11089_7772
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