Return Patterns of German Open-End Real Estate Funds

Return Patterns of German Open-End Real Estate Funds

Author: Sebastian Michael Gläsner

Publisher: Peter Lang

Published: 2010

Total Pages: 132

ISBN-13: 9783631604069

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The aim of this study is to better understand stable capital growth of German properties and to contribute to the explanation of stable fund returns. In the course of the investigation, evidence is found that both phenomena are interrelated. All analyses are based on publicly available data; therefore they are not limited by client interests. Results show three different pieces of evidence on return smoothing, namely the influence on valuation, the timing of valuations, and the influence on returns resulting in return differences by calendar months. Together with the notion of internationally uniquely stable returns, it seems impossible to extract true asset volatility from the observed appraisal-based time series.


Design Patterns

Design Patterns

Author: Christopher G. Lasater

Publisher: Wordware Publishing, Inc.

Published: 2006-10-01

Total Pages: 306

ISBN-13: 144963382X

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Design Patterns demonstrates how software developers can improve the performance, maintainability, portability, and scalability of their code through the use of the Gang of Four design patterns. After a discussion of patterns methodology, reasons for using design patterns, the book delves into each of the 23 patterns. Each pattern section gives a detailed description of the pattern, refactored from either Boolean logic or simpler, less-maintainable code that you might encounter in the real world, and shows readers how to use the pattern in their code. The text walks readers through making the move from current code to the pattern, lists the benefits of using the pattern, and shows how the pattern performs after the refactoring effort, with a goal throughout of providing practical implementations.