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A Decision Model for Real Estate Portfolio Valuation and Optimisation
Under consideration of real estate physical characteristics
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This study is an applied research project on the topic of real estate portfolio (REP) management. It uses a crosssectional design with the aim of developing with a multivariate regression a REP empirical decision model (REP-EDM) for a pension fund to utilise as part of its REP evaluation processes. The REP-EDM is based on the benchmarking of REP physical characteristics to a REP benchmark.