%0 Thesis
%9 Bachelor
%A Dijkstra, J
%D 2016
%F theses_frw:1021
%T Foreign Real Estate Investments: Motives and Risks before and after the Global Financial Crisis
%U https://frw.studenttheses.ub.rug.nl/1021/
%X In this paper, we try to identify the underlying motives and risks of foreign real estate investments. This study focuses on the real estate market in The Netherlands. The motives and risks of investors did not change due to the Global Financial Crisis, in contradiction to the perception of risk. Prime real estate in subprime areas, labeled as core real estate before the Global Financial Crisis, was sold as value-add real estate or even opportunistic real estate (if it did not involve prime real estate). Core real estate becomes scarcer and more expensive, the location of real estate becomes even more important. Still, the main motive to invest abroad is diversification of the investment portfolio. But also the transparency rating of the politic in the area or country influences the investment decision. Political and economic risks have the biggest impact on the investment decision.