International Real Estate: An Institutional Approach

International Real Estate: An Institutional Approach

This book takes an explicitly international perspective to thedecision-making process leading to final 'accept' or 'reject'investment decisions. It will be the first to adopt aninstitutional approach that directly addresses the problems of howto identify and avoid the main pitfalls of cross-border investmentin real estate. The key to understanding international real estatecomes from understanding the impact on investment and managementdecisions of differences in the formal and informal 'rules of thegame'. The authors define the key feature of international realestate as the institutions that frame, facilitate or impedeinvestment in land and buildings across national boundaries.