Showing 1 - 10 of 12
Listed property trust (LPTs) have been the most successful indirect property investment vehicle in Australia. Surveys conducted by the Australian Stock Exchange in 1999 found that the LPT sector was the fastest growing stockmarket sector, increasing its number of investors by 88%, compared to...
Persistent link: https://www.econbiz.de/10009482065
Property forecasts are an integral part of the property investment process at the strategic, tactical and individual asset levels. This study investigates the nature, extent and patterns of disagreement and uncertainty in the forecasts of UK property investors and their advisors. In this paper,...
Persistent link: https://www.econbiz.de/10009481923
With the significant growth in Islamic financial products in recent years, the world?s first Islamic real estate investment trust (REIT) was established in Malaysia in August 2006, with these REIT portfolios needing to be Shariah compliant. This paper constructs three Malaysian REIT (M-REIT)...
Persistent link: https://www.econbiz.de/10009481987
This study examines the stock price reactions to the announcements of corporate real estate disposals by listed non-property companies in Malaysia and whether disposals under different economic conditions lead to different price reactions. The results show that the cumulative abnormal returns...
Persistent link: https://www.econbiz.de/10009482007
This paper assesses the significance, risk-adjusted performance and portfolio diversification benefits of the listed property securities markets in the Asian international financial centres (IFCs) of Tokyo, Singapore and Hong Kong over January 1998 - March 2008, contrasting this performance to...
Persistent link: https://www.econbiz.de/10009482052
Socially responsible property investment (SRPI) has taken on increased significance in recent years, as property investors have given an increased priority to environmental, social and governance issues in their property investment decision making. The purpose of this paper is to establish SRPI...
Persistent link: https://www.econbiz.de/10009482053
The significant economic growth and urbanisation of China in recent years has seen increased importance given to infrastructure development in China; this includes airports, toll roads, communications, ports, power plants and water. The purpose of this paper is to assess the significance and...
Persistent link: https://www.econbiz.de/10009482054
The listed property trust (LPT) sector has undergone considerable change in recent years, including increased levels of international property, increased levels of debt, incorporating property development activities via use of stapled securities, significant mergers and acquisitions, and...
Persistent link: https://www.econbiz.de/10009482067
Recent years have seen increased attention given to the real estate investment opportunities available from the non-traditional real estate sectors such as self-storage, healthcare, and other specialty real estate sectors. In particular, these non-traditional real estate sectors in equity REITs...
Persistent link: https://www.econbiz.de/10009482121
Fractional interests in commercial property have taken on increased importance as institutional investors seek to manage single-asset risk in their property portfolios. By assessing the ownership arrangements of over 8,000 commercial properties, the level of fractional interests in listed...
Persistent link: https://www.econbiz.de/10009482122