Essays about: "trusts"

Showing result 11 - 15 of 40 essays containing the word trusts.

  1. 11. Investigating the Long- and the Short-Run Diversification Potential of REITs for Private Investors

    University essay from Linköpings universitet/Institutionen för ekonomisk och industriell utveckling

    Author : Klara Granath; Charlotta Carlsson; [2019]
    Keywords : REIT; Portfolio Diversification; DCC-GARCH; Johansen’s Cointegration; Granger Causality;

    Abstract : Real estate is commonly viewed as a good diversification tool since the real estate market cycle exhibit low correlations to other asset classes. Moreover, Real Estate Investment Trusts (REITs) have become increasingly popular in the past decades since this investment form offers private investors a convenient way of diversifying stock portfolios with real estate. READ MORE

  3. 12. Explaining the NAV Discount in REIT pricing - Evidence from the U.S.

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi

    Author : Jerry Aaltonen; Bowen Li; [2019]
    Keywords : REITs; Dynamic relationship; NAV discount; Closed-end fund puzzle; United States;

    Abstract : This paper investigates the relationship between stock price and net asset value (NAV) for 71 real estate investment trusts (REITs) in the U.S. between Q1/1998 and Q4/2018. More specifically, by testing for cointegration, we look for evidence of a long-term equilibrium between stock price and NAV. READ MORE

  4. 13. Introducing REITs in Europe - The effect on housing real estate

    University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

    Author : Emil Jerndal; Vincent Mathias Varga; [2018-09-21]
    Keywords : ;

    Abstract : After the financial crisis of 2007-2008, the world experienced how an unhealthy increase in housing real estate prices could contribute to a financial crisis with severe consequences for the world economy. This thesis asks the question if the introduction of real estate investment trusts (REITs), recently enabled in several countries in the EU through systems of legislation referred to as REIT regimes, affects the price of housing real estate in a country. READ MORE

  5. 14. IPO Underpricing and Real Estate Investment Trusts: Evidence from Japan

    University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomi; Handelshögskolan i Stockholm/Institutionen för redovisning och finansiering

    Author : Johan Pettersson; Daniel Hagn; [2018]
    Keywords : Real Estate Investment Trusts; Initial Public Offerings; Underpricing; Asymmetric Information;

    Abstract : This study investigates the pricing of 75 initial public offerings (IPOs) of Japanese real estate investment trusts (J-REITs) during the period 2001-2018. We find that the issues are systematically underpriced with significantly positive initial-day returns. READ MORE

  6. 15. Trust between actors in wildlife management : in the context of the Swedish seal management and small-scale fishery controversy

    University essay from SLU/Dept. of Urban and Rural Development

    Author : Emily Montgomerie; [2018]
    Keywords : trust; wildlife management; seal management; small-scale fishery;

    Abstract : There is an increasing demand for participatory and collaborative natural resource management today. Such collaborative approaches require an understanding of how to create trustful relationships between the actors involved. READ MORE