The case for investing in international real estate is very compelling. This is one of the areas I am currently researching. The risk-adjusted returns and diversification benefits of this asset class are attractive.
Here is a research paper that is interesting. It is called Going Global: The Case for Investing in International Real Estate Securities. You'll have to scroll down to the fourth paper listed on the site.
http://www.jpmorgan.com/pages/jpmorgan/am/ia/research_and_publications/white_papers
I'll have my research findings on international real estate completed with investment recommendations by the end of the First Quarter 2007.
The Financial Pragmatist
Libby Mihalka
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