The aim of this paper is to analyze the types of financial assets and derivatives that are necessary to provide an adequate financing for real estate investments, and, at the same time, to control their risk. We begin with a theoretical analysis, and, next, we compare the conclusions we draw...

Real estate should be part of any well diversified portfolio. Its inclusion in an efficient portfolio is justified by its expected return and its risk features, among which it becomes remarkable their low correlation with financial assets, especially with common stock. Nevertheless, its low...