Alternative investments, as opposed to traditional investments, have some specific characteristics that make them specially relevant for any investment portfolio. Real estate is a type of alternative investment with a long tradition among investors all over the world. Which of the following sentences better represents the main reasons for investing in Real Estate?

• a) Diversification benefits, inflation hedge, higher returns, income generation, and liquidity.

• b) Diversification benefits, liquidity, higher returns, income generation, and capital appreciation.

• c) Diversification benefits, inflation hedge, capital appreciation, income generation, and fixed rents.