...Viktorija Cohen; Arūnas Burinskas; Tosin Babatola Fateye Purpose This paper broadens the range of macroeconomic factors influencing the real estate investment trusts (REITs) index of the Euro area (EU-REIT Index). In addition to traditional determinants, we incorporate new variables, including...

...Giacomo Morri; Anna Dipierri; Federico Colantoni Purpose This paper aims to explore the dynamic relationship between ESG scores and REITS returns. The overarching goal is to provide a better understanding of how ESG considerations impact financial performance across different temporal contexts...

...Peterson Owusu Junior; George Tweneboah; Kola Ijasan; Nagaratnam Jeyasreedharan Purpose This paper aims to contribute to knowledge by investigating the return behaviour of seven global real estate investment trusts (REITs) with respect to the appropriate distributional fit that captures tail...

... the tax shield while having lower costs of financial distress. This suggests a positive relationship between leverage and profitability. On the contrary, the study carried out by Giacomini et al. (2014) demonstrates that between January 2007 and February 2009, those REITs which have made...

...Alex Moss; Andrew Clare; Stephen Thomas; James Seaton Purpose The authors in this paper aim to investigate the performance of different portfolios of REITs which specialise by property type compared to the performance of a diversified free-float market capitalisation-weighted benchmark index...

... on capital structure and interweaving different approaches generates a conceptual framework that enlightens strategic thinking in this field. REITs Corporate real estate Corporate capital structure Default option +G11 +G31 +R30 The relationship between real estate and capital structure...

... that leverage measured as the ratio of debt over equity should be reduced. The POT is consistent with the latter position that there is a negative relationship for market values. However, it must be stressed that, in the case of REITs, the requirement that most earnings must be distributed to shareholders...

... and that reliance on one measure may be misleading. Although some evidence of a connection between liquidity and firm value was found, it was less conclusive than previous studies. Niskanen and Falkenbach (2012) split their sample of European listed real estate companies into REITs and non-REITs...

... market opacity (relative to other investment asset classes), illiquidity and management intensity. The expansion in securitised real estate offerings within Europe, including the advent of real estate investment trusts (REITs), addressed these inherent limitations and has positioned real estate...