This publication analyses calendar anomalies in the real estate industry with a focus on the European market. It considers annual, monthly and weekly calendar anomalies looking at a representative sample of European REITs and highlights the main differences amongst the countries.

During the crisis the asset management is affected by a lack of investors' confidence and an increase of risk exposure for all financial instruments traded and investor need more efficient solution for constructing and managing their investment portfolio.
The real estate market was the source of the financial crisis development and the main limits of the market could be ascribed to the low quality of the information available, the investment strategies adopted by the managers and the mistakes done in evaluating the risk exposure.

Due to the crisis, financial resources available for the public sector are lower and Public entities have to develop new instruments for collecting financial resources and to take care about the market reaction to their investment and expenditure policies.
The book provides an original analysis of the effect of the crisis in the three sectors and points out the new instruments or approaches proposed in order to avoid the development of a new crisis.

In a financial revolution, new determinants of performance arise and interest in the way performance is measured and communicated to stakeholders grows. This book presents a wide and accurate analysis of the impact that regulation, structural changes and new financial products have on the performance of markets and intermediaries

This book analyses calendar anomalies in the real estate industry with a focus on the European market. It considers annual, monthly and weekly calendar anomalies looking at a representative sample of European REITs and highlights the main differences amongst the countries.

The current financial crisis started from the US real estate market and after, though the increase of risk premium requested by investors and due to the lack of liquidity of all financial markets, it became a world financial crisis. A detailed analysis during the crisis focuses attention on asset management, the real estate and public sector.

In a financial revolution, new determinants of performance arise and interest in the way performance is measured and communicated to stakeholders grows. This book presents a wide and accurate analysis of the impact that regulation, structural changes and new financial products have on the performance of markets and intermediaries.