Risk Center
Risk assessment, concentration analysis, and stress testing
Portfolio CVaR (95%)
1.22%
Expected loss in worst 5% scenarios
Max Drawdown
0.4%
Largest peak-to-trough decline
Concentration (HHI)
0.047
Diversified
Avg Vacancy Rate
8.4%
Across all assets
CVaR Contribution by Asset
Top contributors to portfolio tail risk
Risk Tier Distribution
Asset count by risk classification
Geographic Concentration
HHI: 0.181 - Moderate concentration
Type Concentration
HHI: 0.341 - Concentrated
Stress Test Scenarios
Interest Rate Hike (+200bps)
ECB raises policy rates by 200 basis points. Higher discount rates compress valuations, particularly for capital-intensive assets with long duration.
Return Impact
-28.8%
CVaR Impact
-43.1%
Worst-Hit Assets
Economic Recession
Italian GDP contracts 2%+. Corporate tenants downsize, consumer spending drops, rental income falls across all sectors.
Return Impact
-39.8%
CVaR Impact
-59.7%
Worst-Hit Assets
Vacancy Rate Spike
Remote work adoption and retail e-commerce shift cause sudden vacancy increases. Offices and retail hit hardest, residential resilient.
Return Impact
-38.3%
CVaR Impact
-57.4%
Worst-Hit Assets
Liquidity Crisis
Credit markets freeze, transaction volumes collapse. All asset classes affected due to illiquidity premium widening.
Return Impact
-44.2%
CVaR Impact
-66.3%
Worst-Hit Assets
Lease Expiry Timeline
Number of leases expiring per year with revenue at risk