Rolling verification of the performance of real estate investment funds

Abstract

Abstract Currently, there is an urgent need to develop an institutional rental housing market. It is an obvious fact that this issue cannot be resolved without the formation of available investment resources. This article discusses aspects of one of these promising forms – real estate investment funds. The article uses historical data on the dynamics of profitability of the 21st real estate fund for 2013 -2020 to test the method of assessing the risks of investing funds for potential investors – the method of sliding verification of groups of leaders synthesized using the “Yield-risk” model. The model is based on the basic principles of portfolio analysis. The results obtained indicate the suitability of the proposed method. Testing was carried out on current data from 2017-2020, which were not used to build the model. The constructed groups of leading funds demonstrate their continuity at all stages of rolling verification. The conducted correlation analysis showed a fairly close mutual correlation between the dynamics of profitability of the studied real estate funds, which significantly weakens by 2020. The proposed method can be used when making decisions about investing money in investment real estate, including rental housing of various categories.