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Statistic and performance analysis of the main Italian and European Reits

Statistic and performance analysis of the main Italian and European Reits

Real estate investment trusts have been introduced in order to propose an alternative to listed real estate funds. The article compares the performance and the risk of the main Italian and European Reits. The results show that the Reits have a low volatility, contained returns, correlation coefficient, on average, low and a Sharpe ratio that point out a performance of the securities lower not proportional with respect to the risk assumed.