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THE IMPACT OF THE GEORGIAN REAL ESTATE INVESTMENT TRUST ON THE PERFORMANCE OF VARIOUS PORTFOLIOS [PDF]

open access: yesFinancial Studies
This study aims to explore the potential impact of the anticipated Georgian Real Estate Investment Trusts (REITs) on the performance of investment portfolios. Due to the absence of Georgian REITs, a simulated financial asset representing a Georgian
Vakhtang BERISHVILI, Monika DIDMANIDZE
doaj  

Outperformance: Does Managerial Specialization Pay? [PDF]

open access: yes
In this study, we investigate whether managerial specialization leads to significant outperformance of investment trusts. In the existing literature on the performance of mutual funds one of the unsolved puzzles is the persistence of outperformance.
Hans Op t Veld   +2 more
core  

Intraday REIT Liquidity [PDF]

open access: yes
Real Estate Investment Trusts (REITs) may be classified as a real estate investment or more generally as an equity investment. While REITs are more liquid than direct real estate investments, the liquidity relationship between REITs and common stocks is ...
Laurie Prather   +3 more
core  

Equity REIT Property Acquisitions: Do Apartment REITs Pay a Premium? [PDF]

open access: yes
Negotiation theory and implied agency costs provide the foundation for the research hypothesis that equity real estate investment trusts (EREITs) may have paid premiums when making real property acquisitions during the 1990s REIT boom.
Marvin L. Wolverton   +1 more
core  

Ownership Structure, Property Performance, Multifamily Properties and REITs [PDF]

open access: yes
This research extends literature that empirically evaluates the impact of ownership and management structure on property level performance. The results show that multifamily properties owned and managed by real estate investment trusts (REITs) generate ...
James J. Hopper   +2 more
core  

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