The literature on green buildings has blossomed since the study by Eicholtz et al (2009). Researchers have attempted to search for green premiums using property data in different countries. While the studies focus on testing the significance of the green premiums (or discount in some cases), few...

This paper empirically tests the sentiment and ¡§noise¡¨ effects in Singapore REITs (S-REIT) over the periods from January 2005 to December 2010.Our empirical results show that trading volume is significantly and negatively correlated with price to net asset value (P/NAV) premiums in the...