IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2017_39.html
   My bibliography  Save this paper

Revaluation of Investment Properties by REITs

Author

Listed:
  • Quan Gan

Abstract

This paper uses a unique dataset to analyse the determinants and timing of REITs’ revaluation on investment properties. The decision of revaluation is a discretion by REITs managers and the amount of revaluation will impact REITs’ reported income. We find that REITs revaluations are driven by property acquisition, asset management fees, and past REITs stock returns. REITs companies tend to do revaluations toward the same direction. We also discuss whether revaluation amount and direction predict future REITs stock returns.

Suggested Citation

  • Quan Gan, 2017. "Revaluation of Investment Properties by REITs," ERES eres2017_39, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2017_39
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2017-39
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    investment properties; REIT; Revaluation; stock return;
    All these keywords.

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:eres2017_39. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.