Instalacje grzewcze Book Archive > Real Estate > Download Anomalies in the European REITs Market: Evidence from by G. Mattarocci PDF

Download Anomalies in the European REITs Market: Evidence from by G. Mattarocci PDF

By G. Mattarocci

This ebook analyses calendar anomalies within the genuine property with a spotlight at the ecu industry. It considers annual, per 30 days and weekly calendar anomalies taking a look at a consultant pattern of eu REITs and highlights the most variations among the international locations.

Show description

Read Online or Download Anomalies in the European REITs Market: Evidence from Calendar Effects PDF

Similar real estate books

Home Buying For Dummies

Книга domestic purchasing For Dummies domestic paying for For DummiesКниги Строительство Автор: Eric Tyson Год издания: 2006 Формат: pdf Издат. :Wiley Страниц: 408 Размер: three. 7 ISBN: 0471768472 Язык: Английский0 (голосов: zero) Оценка:Though enjoyable and intriguing, paying for a house is usually advanced and confusing—and most folk research the difficult manner flawed movement can price dearly.

Condos, Co-ops, and Townhomes: A Complete Guide to Finding, Buying, Maintaining, and Enjoying Your New Home

Affordability. position. facilities. comfort. Low upkeep. group. those are only a few of the explanation why estate purchasers throughout all areas and all demographic different types are making the markets sizzle for townhomes, condominiums, and cooperatives. Addressing the original demanding situations to effectively procuring some of these houses, dealer and developer Mark B.

Common Property Economics: A General Theory and Land Use Applications

Universal estate Economics defines and clarifies the theoretical contrast among open entry and customary estate and empirically exams the adequacy of source allocation less than universal estate compared to deepest estate. The ebook provides theoretical types to illustrate overexploitation below open entry.

Mayordomo: chronicle of an acequia in northern New Mexico

Irrigation ditches are the lifelines of agriculture and lifestyle in rural New Mexico. This award-winning account of the author’s adventure as a mayordomo, or ditch boss, is the 1st list of the lifetime of an acequia by means of a group player.

Extra resources for Anomalies in the European REITs Market: Evidence from Calendar Effects

Sample text

90% 205 Note: MV represents the sum of the market value of the biggest REITs available in the geographical area, at the end of the year. Source: Scenari Immobiliari data processed by the author. 7). The European market is, on average, highly concentrated because the ten largest REITs (out of more than 160 REITs) represent around 50 percent of the market. , the United Kingdom and Belgium), where, on average, these REITs represent around the 90 percent of the overall market value. 3 Asset allocation In all European countries, to achieve REIT status the investment portfolio has to consist (almost exclusively) of real estate assets (incomeproducing or development projects) (Niskanen and Falkenbach, 2010).

4 Other financial instruments The analysis of the other financial instruments is focused on the derivative markets because derivative values are strictly related to the price dynamics of the underlying assets: and therefore, calendar anomalies identified for the latter must also be experienced by the former (Junkus, 1986). There is still a debate in the literature about the strength of this relationship and the unique features that characterize the derivative markets and/or the underlying asset (Aksoy, 2013).

8). Excluding 2012, the office and retail sectors represent more than 55 percent of the overall portfolio, while each of the other two types of portfolios never represent more than 17 percent. The results are consistent with the international standards, even if the role of the two main asset classes is always greater for the European market than for the world market average. , the United States). The geographical asset allocation of European REITs cannot be compared with that of other countries because the former normally prefer to invest within the continent and sometimes only within the home country (Scenari Immobiliari, different years).

Download PDF sample

Rated 4.78 of 5 – based on 16 votes