PREA 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
Homeownership Rates by Income Quartile and Metro
updated February 2021
A Primer on Commercial Real Estate Indices
How Do Local Job Losses Affect Property Income?
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
PART 2: Life Expectancy, and Health Expectancy, of Baby Boomers - The Inequality of Health
PART 3: Work and Retirement of Baby Boomers: What Will They Do and When Will They Do It?
PART 4: Baby Boomers as Consumers - How and Where They Consume and How It May Influence the Communities They Seek
PART 5: Where, When, and Into What Will Baby Boomers Move?
Risk-Adjusted Performance of Non-Core versus Core: Evidence from Open-End Funds
Investment Performance of Canadian Commercial Real Estate
To Which Cities Are the Young (and Old) Educated Going?
The 4% Rule: Does Real Estate Make a Difference?
Who Cares What the Fed Does?
An Overview of Fee Structures in Real Estate Funds and Their Implications for Investors
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
Fee Structures IV: Base Management Fees - The Base Matters
A Quick Look at Office Performance by Metro: The Importance of Diversification
Retail: A Quick Look at the Relative Performance of Property Sub-Types
Property Types: A Quick Look at Relative Performance Through the Downturn and Recovery
Understanding the Contributions of Fund Structure in the PREA | IPD U.S. Property Fund Index
Risk Management and Diversification with Real Estate: Correlation is Not Enough
Private real estate allocations in multi-asset investment portfolios
How Many Properties Does It Take to Be Diversified? A Review of the Academic Evidence
Liability Driven Investing: What Is It and Does Real Estate Fit?
REITs and Real Estate: Is There Room for Both in a Portfolio?
Does Property Size Play a Role in a Portfolio?
Is Beta-Risk Becoming More Important to Real Estate?
An Estimate of the Value of Commercial Real Estate Assets Held by Pension Funds Globally
Do REITs Have an Advantage When Credit is Tight?
Active Versus Passive Management of Funds of Real Estate Securities
An International Comparative Study of the Pension Plan Community and Real Estate Investments
Institutional Perspectives on Real Estate Investing: The Role of Risk and Uncertainty
Private Real Estate Fund Options for Defined Contribution Plans
U.S. pension funds now use REITs increasing for their real estate investments.
Real Estate - The Human Capital Factor
Benchmarks & Index Needs in the U.S. Private Real Estate Investment Industry: Trying to Close the Gap
The Real Estate Needs of the Plan Sponsor Community