TY - JOUR T1 - New Strategies for Commercial Real Estate Investment and Risk Management JF - The Journal of Portfolio Management SP - 154 LP - 161 DO - 10.3905/jpm.2005.593898 VL - 31 IS - 5 AU - Jeffrey D. Fisher Y1 - 2005/09/30 UR - https://pm-research.com/content/31/5/154.abstract N2 - Credit Suisse First Boston recently announced it plans to offer several derivatives based on the NCREIF Property Index that will allow investors to either buy or sell the appreciation component of the NPI. Derivatives will also allow investors to swap property sector returns from the NPI. These derivatives will let investors invest in real estate, hedge real estate risk, and rebalance portfolios through property type swaps in ways not previously possible. These risk management techniques put commercial real estate on more of a par with financial assets like stocks. ER -