Real Estate Asset Management Companies’ Economies of Scale: Is It a Dream or Reality? The Italian Case

<table class="table-group" id="tab2"><tr><td><table class="table"><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr class="thead"><td class="align_left">Response</td><td class="align_center"><i>Y</i></td><td class="align_center">Asset under management</td></tr><tr><td class="thead-hr" colspan="3"><hr/></td></tr><tr><td class="align_left">Regressors</td><td class="align_center"><i>X</i><sub>1</sub></td><td class="align_center">Number of real estate funds managed</td></tr><tr><td class="align_left">Regressors</td><td class="align_center"><i>X</i><sub>2</sub></td><td class="align_center">Average number of employees</td></tr><tr class="table-tr"><td colspan="3"><hr class="tbody-hr"/></td></tr></table></td></tr></table>

<div>First multivariate regression.</div>

Complexity

tab2

Table 2

Table 2: Real Estate Asset Management Companies’ Economies of Scale: Is It a Dream or Reality? The Italian Case 