Real estate activity across national boundaries ‎(‎investment‎,‎ development and asset management‎)‎ is firmly established as a major component of global economic activity‎.‎ International Real Estate provides the understanding of real estate strategies and transactions that cross national boundaries‎.‎ International organizations lament the narrow perspective of professionals in the real estate field‎,‎ which stems from training that takes a parochial rather than international view of the practices and processes of real estate markets‎.‎ This book takes an explicitly international perspective to the decision‎-‎-making process leading to final a accepta or a rejecta investment decisions‎.‎ It will be the first to adopt an institutional approach that directly addresses the problems of how to identify and avoid the main pitfalls of cross‎-‎-border investment in real estate‎.‎ The key to understanding international real estate comes from understanding the impact on investment and management decisions of differences in the formal and informal a rules of the gamea ‎.‎ The authors define the key feature of international real estate as the institutions that frame‎,‎ facilitate or impede investment in land and buildings across national boundaries‎.‎