- CFA Exams
- CFA Level I Exam
- Study Session 15. Alternative Investments
- Reading 39. Private Real Estate Investments
- Subject 2. Characteristics and classifications
CFA Practice Question
Which type of commercial properties has the lowest operating costs in general?
B. Shopping malls.
C. Warehouses.
A. Office buildings.
B. Shopping malls.
C. Warehouses.
Correct Answer: C
Generally warehouses require smaller average investments, are less management intensive and have lower operating costs than their office and retail counterparts.
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