...Vassilios Babalos; Geoffrey Ngene; Rangan Gupta; Elie Bouri Purpose This study examines the sector-level herding and herding spillover across 11 US-listed Real Estate Investment Trust (REIT) sectors. Design/methodology/approach We examine herding behaviour of REITs employing returns-based...

...Yosuke Kakinuma Purpose This study analyzes the financial impact of environmental, social and governance (ESG) practices on real estate investment trusts (REITs). It extends existing research by evaluating how climate policy uncertainty (CPU) and external shocks influence the ESG–performance...

...Nosipho Moloi; Omokolade Akinsomi; Woei Chyuan Wong Purpose This paper examines the liquidity of SA REITs and their relationship to the Black Economic Empowerment (BEE) score. Firm liquidity has long been an area of research interest. In South Africa, all REITs are required to share a substantial...

... autoregression and structural vector autoregression (SVAR) models. We propose comparative analysis of eight commercial real estate markets, including financial and REIT markets, contrary to the previous literature. Design/methodology/approach We consider the dynamics and returns of eight UK commercial real...

...Omokolade Akinsomi; Frank Kwakutse Ametefe; Mabuse Moja; Yasushi Asami Purpose The purpose of this study is to determine whether South African real estate investment trusts (REITs) with significant foreign real estate holdings produce better market performance metrics when compared to REITs...

... Emerald Publishing Limited Licensed re-use rights only Inflation hedging Real estate REITs Precious metals Oil Wavelet Quantile correlation Investment horizon G11 G15 E31 Inflation, a pivotal macroeconomic factor, profoundly influences economic stability, growth...

...Alain Coën; Aurélie Desfleurs Purpose Our aim in this study is to investigate the relative importance of the economic policy uncertainty and of the geopolitical risk on U.S. REITs (Real Estate Investment Trusts) returns with a special focus on the different real estate sectors. Design...

...G.R. Swathi; V.R. Uma Purpose The present study delves into the causes of relatively lower retail participation in the Indian REIT market. Specifically, it investigates investors' attitudes and perceptions towards REITs as a unique asset class. This paper provides a comprehensive understanding...

...Siddhant Walia; Sankersan Sarkar; Birajit Mohanty; Subhabaha Pal Purpose In 2014, real estate investment trust (REIT) emerged as a new alternative investment option in India. This research aims to give an empirical authentication of the Indian REITs performance from April 2019 to July 2022 across...

... be contacted at: coen.alain@uqam.ca 02 06 2022 06 09 2022 09 09 2022 09 09 2022 © Emerald Publishing Limited 2022 Emerald Publishing Limited Licensed re-use rights only Foreign direct investments Real estate REITs Chinese investment Asia-Pacific region Macroeconomic...

... Estate Investment Trusts (REITs). Design/methodology/approach With a sample of 152 SEOs of South African REITs from 2010 to 2020, ordinary least squares (OLS) models, fixed effect models, parametric and non-parametric tests were applied to test for the impact of BEE on the underpricing of SEOs...

...Woei Chyuan Wong; Joseph T.L. Ooi Purpose This paper examines the evolution and impact of property development activities on REIT performance. The paper provides insights on whether REITs should venture into property development in addition to their core-business of holding income producing...

... global impacts. Design/methodology/approach The paper uses daily stock market indices on three major stock price indices: construction industry sector index, real estate operating company (REOC) industry index and the real estate investment trust (REIT) industry index of the Korea Stock Exchange (KRX...

...Kanis Saengchote; Chittisa Charoenpanich Purpose The purpose of this article is to investigate the relationship between cash flow uncertainty and the underpricing of real estate investment trust (REIT) initial public offerings (IPOs) using hand-collected data on income guarantee in Thailand from...

...Giacomo Morri; Federico Palmieri; Emiliano Sironi Purpose The purpose of this study is to analyze the determinants that lead REITs to pay out more dividends than the required level to retain their tax-favored status. In particular, the focus is on the effect that information asymmetry has on REITs...

...Muhammad Jufri Marzuki; Graeme Newell Purpose Mexico REITs are a significant and important REIT market, both in a regional and in emerging property market context. As one of the few emerging economies in the world with an active REIT market, Mexico REITs are specifically designed to provide...

...Lucia Gibilaro; Gianluca Mattarocci Purpose The paper aims to study the performance of crowdfunding REITs with respect to traditional REITs in order to evaluate the differences in the risk–return profile and their usefulness for a diversification strategy within the indirect real estate...

...Muhammad Jufri Marzuki; Graeme Newell; Stanley McGreal Purpose The inception of REITs in Ireland in 2013 presented an additional property investment opportunity to Ireland’s commercial property investment landscape. Importantly, the Irish REIT market is an institutional apparatus with an objective...

...David Parker Purpose The purpose of this paper is to analyze chapters from the recently published Routledge REITs Research Handbook to identify five major future directions for international equity REITs. Design/methodology/approach Literature review and critical analysis of chapters...

...Muhammad Jufri Marzuki; Graeme Newell Purpose The Belgium Real Estate Investment Trust (REIT) market was created primarily to facilitate a transparent, professionally managed and fiscally efficient market, providing access to the European property markets. Being the 2nd oldest REIT market...