About PREAPREA Research Reports
Formally established in 2001, PREA’s Research Department oversees a variety of publications, meetings and other activities including investor and manager surveys, industry databases and independent papers. The Association is a key source of investment research for the institutional real estate community.
Research reports are available to members only.
The Value-Add of Going Green
September 2022
Homeownership Rates by Income Quartile and Metro
updated February 2021
A Primer on Commercial Real Estate Indices
December 2020
How Do Local Job Losses Affect Property Income?
April 2020
Baby Boomers: Demographics, Attitudes, and How They May Affect Demand for Commercial Real Estate
PART 1: Growing Old versus Forever Young - The Aging of the Baby Boomer Cohort
August 2018
PART 2: Life Expectancy, and Health Expectancy, of Baby Boomers - The Inequality of Health
November 2018
PART 3: Work and Retirement of Baby Boomers: What Will They Do and When Will They Do It?
March 2019
PART 5: Where, When, and Into What Will Baby Boomers Move?
November 2019
Risk-Adjusted Performance of Non-Core versus Core: Evidence from Open-End Funds
May 2018
Investment Performance of Canadian Commercial Real Estate
March 2018
To Which Cities Are the Young (and Old) Educated Going?
July 2017
The 4% Rule: Does Real Estate Make a Difference?
April 2017
Who Cares What the Fed Does?
January 2015
An Overview of Fee Structures in Real Estate Funds and Their Implications for Investors
October 2013
Follow-Up Reports:
Fee Structures I: Going-In Expectations and the Promote
Fee Structures II: How Does the Preferred Return Affect the Expected Net Return
Fee Structures III: Risk, Leverage, and the Promote - How Debt Can Increase Average Fund Fees
Spreadsheet Tool:
A Quick Look at Office Performance by Metro: The Importance of Diversification
June 2013
Retail: A Quick Look at the Relative Performance of Property Sub-Types
June 2013
Property Types: A Quick Look at Relative Performance Through the Downturn and Recovery
June 2013
Understanding the Contributions of Fund Structure in the PREA | IPD U.S. Property Fund Index
December 2012
Risk Management and Diversification with Real Estate: Correlation is Not Enough
February 2012
Private real estate allocations in multi-asset investment portfolios
November 2011
How Many Properties Does It Take to Be Diversified? A Review of the Academic Evidence
October 2011
Liability Driven Investing: What Is It and Does Real Estate Fit?
September 2011
REITs and Real Estate: Is There Room for Both in a Portfolio?
October 2010
Does Property Size Play a Role in a Portfolio?
August 2010
Is Beta-Risk Becoming More Important to Real Estate?
August 2010
An Estimate of the Value of Commercial Real Estate Assets Held by Pension Funds Globally
December 2009
Do REITs Have an Advantage When Credit is Tight?
December 2009
Active Versus Passive Management of Funds of Real Estate Securities
November 2009
An International Comparative Study of the Pension Plan Community and Real Estate Investments
January 2006
Institutional Perspectives on Real Estate Investing: The Role of Risk and Uncertainty
May 2005
Private Real Estate Fund Options for Defined Contribution Plans
November 2004
U.S. pension funds now use REITs increasing for their real estate investments.
September 2003
Real Estate - The Human Capital Factor
October 2002
The Real Estate Needs of the Plan Sponsor Community
March 2001
