The term refers to a specific real estate portfolio, encompassing both residential and commercial holdings. An example would be a collection of apartment buildings and retail spaces managed under a single entity. This portfolio may include properties in a specific geographic area, or it could be diversified across various locations.
Managing such a portfolio offers significant advantages. It allows for economies of scale in operations, maintenance, and marketing, which can lead to higher profitability. Additionally, a diverse portfolio can mitigate risk by balancing performance across different market segments. Historically, successful portfolio management has been a key factor in building long-term wealth and stability within the real estate sector.
