TY - JOUR T1 - Risk and Performance of International Listed Real Estate Returns JF - The Journal of Wealth Management DO - 10.3905/jwm.2019.1.067 SP - jwm.2019.1.067 AU - Alain Coën AU - Aurélie Desfleurs AU - Patrick Lecomte Y1 - 2019/01/08 UR - https://pm-research.com/content/early/2019/01/08/jwm.2019.1.067.abstract N2 - This article studies the performances of publicly traded real estate companies (real estate investment trusts and listed property companies) from 14 countries covering North America, Europe, and Asia as proxied by FTSE EPRA/NAREIT Global Real Estate Indexes over the period 2000 to 2015. We implement robust normalized risk-adjusted performance measures and compare nine performance indicators before, during, and after the global financial crisis (GFC). Our findings show that the GFC had a huge impact on the ranking of international listed real estate securities’ relative performance. The study also stresses the importance of applying various performance measures to get a full picture of international listed real estate returns. ER -