this study will simultaneously estimate the optimal liquidity level that could optimize the financial performance of REITs …; Perron, 2006) to analyze the moderating effects of liquidity and the optimal liquidity level on the debt … constrained the ability of REITs to use internal earnings and that they have to rely on debt financing to support their funding …

properties. In this research I examine how tenant quality affects REIT firm liquidity management (i.e. cash holdings and … utilization of line of credit). I find that 1) tenant Altman Z-score and size are inversely related to total liquidity (cash plus … liquidity and unused credit lines of REIT firms, but has no affect on REIT cash holdings; 3) tenant credit ratings are …

properties. In this research, I examine the effects of tenant quality on REIT firm liquidity management (i.e. cash holdings and … utilization of line of credit). I find that 1) tenant Altman Z-score and size are inversely related to total liquidity (cash plus … liquidity and unused credit lines of REIT firms, but has no effects on REIT cash holdings; 3) tenant credit ratings are …

234 ESG-rated REITs across five developed economies from 2003 to 2019, this study investigates both the causal … influencing the financial performance of REITs. This study is the first attempt to test the social impact hypothesis of the … market valuation of REITs. We find strong support for the trade-off hypothesis in our full-sample analysis and argue that …

Using three different approaches to measure misvaluation, we analyse the impact of misvaluation on liquidity management … of REITs. Our analysis reveals that misvaluation increases cash holdings because misvaluated REITs issue new equity to … low costs of equity. In addition, REITs with higher misvaluation are more likely to establish a bank credit line and …

The study investigates the impact of financial distress (credit spread) and liquidity crises (TED spread) on size … to establish the long/short-run impact of financial distress and liquidity crisis on these premiums during recessionary … liquidity crisis. On the other hand, size, value and investment premiums rise with financial distress/liquidity crisis, only …