2026-09-20T15:07:29Zhttps://dspace.mit.edu/server/oai/request

oai:dspace.mit.edu:1721.1/267362022-01-13T07:54:44Zcom_1721.1_7582com_1721.1_7581col_1721.1_131023

David Geltner. Mullins, Michael J., 1975- Massachusetts Institute of Technology. Dept. of Urban Studies and Planning. Massachusetts Institute of Technology. Department of Urban Studies and Planning 2005-09-06T19:53:36Z 2005-09-06T19:53:36Z 2004 2004 http://hdl.handle.net/1721.1/26736 59760789 Thesis (S.M.)--Massachusetts Institute of Technology, Dept. of Urban Studies and Planning, 2004. This electronic version was submitted by the student author. The certified thesis is available in the Institute Archives and Special Collections. Includes bibliographical references (leaves 55-56). The last decade has seen a renewed interest and resurgence in private IRE investments by US institutional investors. Pension Plan Sponsors and Endowment Funds have sought out foreign real estate to accomplish a variety of goals, such as increased diversification, higher returns, and the pursuit of unique investment opportunities. This thesis attempts to shed light on the current state of IRE investing by such investors. The paper begins with a review of published and unpublished literature on the subject, followed by analysis of an investor survey conducted by the author. A total of 14 Pension Fund Plan Sponsors, Endowment Fund managers, Pension Fund Consultants, Fund Managers, and Investment Managers participated in the study. The results of the survey describe what the current investment practices of US institutional investors are, what reasoning is behind those practices, and what their future investment plans are. The last portion consists of conclusions about these findings and a discussion of future trends in IRE investing may emerge as a result. by Michael J. Mullins. S.M. 56 leaves 423947 bytes 423759 bytes application/pdf application/pdf en_US Massachusetts Institute of Technology M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 Urban Studies and Planning. International real estate investments by US pension and endowment funds Thesis application/pdf false Publication unknown unknown <Publication xmlns="https://www.openaire.eu/cerif-profile/1.1/" id="57cc47d1-520a-4d37-b085-1182854aaee5"> <Type xmlns="https://www.openaire.eu/cerif-profile/vocab/COAR_Publication_Types">http://purl.org/coar/resource_type/c_1843</Type> <Language>en_US</Language> <Title>International real estate investments by US pension and endowment funds</Title> <PublishedIn> <Publication> </Publication> </PublishedIn> <PublicationDate>2004</PublicationDate> <Authors> <Author> <DisplayName>Mullins, Michael J., 1975-</DisplayName> <Affiliation> <OrgUnit> </OrgUnit> </Affiliation> </Author> </Authors> <Editors> </Editors> <Publishers> <Publisher> <DisplayName>Massachusetts Institute of Technology</DisplayName> <OrgUnit /> </Publisher> </Publishers> <License>http://dspace.mit.edu/handle/1721.1/7582</License> <Keyword>Urban Studies and Planning.</Keyword> <Abstract>The last decade has seen a renewed interest and resurgence in private IRE investments by US institutional investors. Pension Plan Sponsors and Endowment Funds have sought out foreign real estate to accomplish a variety of goals, such as increased diversification, higher returns, and the pursuit of unique investment opportunities. This thesis attempts to shed light on the current state of IRE investing by such investors. The paper begins with a review of published and unpublished literature on the subject, followed by analysis of an investor survey conducted by the author. A total of 14 Pension Fund Plan Sponsors, Endowment Fund managers, Pension Fund Consultants, Fund Managers, and Investment Managers participated in the study. The results of the survey describe what the current investment practices of US institutional investors are, what reasoning is behind those practices, and what their future investment plans are. The last portion consists of conclusions about these findings and a discussion of future trends in IRE investing may emerge as a result.</Abstract> <Access xmlns="http://purl.org/coar/access_right" > </Access> </Publication>