Cheok, Shan Min Charmaine; Sing, Tien Foo; Tsai, I-Chun - In: International Real Estate Review 14 (2011) 2, pp. 184-207
This study tests the impact of diversification strategies on the cash flows, expenses, risks and returns of REITs in Asia. Hirschman-Herfindahl indices (HHI) are computed based on 2281 properties owned by 63 sample Asian REITs for the periods from 2002 to 2007 to measure the levels of...
