Design/methodology/approach - The usually suggested multivariate normal or variance- covariance approach is applied, as well as various copula models in order to investigate the dependence structure between returns of Australian REITS and the Australian stock market. Different models including the Gaussian...
While there is some variation in the degree of correlation, they’re more correlated than the underlying value of real estate assets would justify on its own. This has been attributed to the fact that public REITs are driven by the same macroeconomic forces that affect the stock market. These...
Noun1.REIT- an investment trust that owns and manages a pool of commercial properties and mortgages and other real estate assets; shares can be bought and sold in the stock market Real Estate Investment Trust investment company,investment firm,investment trust,fund- a financial institution that sel...
In this case, there is a decreased risk of a big loss of earnings because it’s more stable, and a high dividend payment usually protects against the short term market fluctuations that exist in the stock market. In an interview with NAREIT in 2014, a professor at the University of Denver...
Results of the coherency spectra show significant co-movement between REITs and stock market indices, while debt instruments show very few frequencies with significant coherency. Furthermore, phase spectra provide evidence of contemporaneous movement between REITs and stock indices at all frequencies. 展开...
REITs are sensitive to changes in the market, specifically fluctuations in interest rate. Rising interest rates are bad for REIT stock prices. REITs are subject to market risk, and REITs may underperform if market conditions are not ideal. There are also property-specific risks associated with ...
Unfortunately, few individual investors have the capability to just buy a shopping mall or office building outright. But thanks to REITs, short for Real Estate Investment Trusts, you can invest in these properties just as easily as buying shares on the stock market. ...
Power to Issue Stock, The lead [sic] to cash hoarding, managers' ability to engage in such repurchases does not mitigate where it is claimed that the issuance of shares or options w... M Ganor - 《Wake Forest L Rev》 被引量: 6发表: 2011年 Open-Market Share Repurchases: Do Managers ...
They are government-sponsored enterprises that buy mortgages on the secondary market.5 Just because mortgage REITs invest in mortgages instead of equity doesn't mean they come without risks. An increase in interest rates would translate into a decrease in mortgage REIT book values, driving stock ...
Rexford Industrial enjoys strong business tailwinds thanks to its exclusive focus on infill Southern California, which is the fourth largest industrial market in the world and the largest industrial market in the U.S. Source: Investor Presentation This region has a GDP of $1.8 trillion, the 11th...