Worth the Price: Trophy Properties can add prestige and stability to a property portfolio
- Topics:
- Real Estate Portfolio Management
- Tags:
- Business Operations,
- Commercial Real Estate,
- Finance,
- Financial Services,
- Investment,
- Property,
- Real Estate,
- REIT
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Overview: The world of commercial real estate investment, owning a familiar landmark can add prestige and glamour to a property portfolio along with a dose of financial security. Prestige or trophy properties run the gamut from upscale shopping malls and elegant hotels and spas to office towers, swank apartments and mixed-used buildings with both retail and commercial space. The paper focuses that the companies choose to invest in prestigious properties for a variety of reasons, including the establishment of name recognition and the corporate identity of their company.
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Format: HTML | Date: Jul 2001 | Pages: 1



