… REIT investment in response to NAV premiums considering (1) … following positive changes
in NAV premiums. Regarding the … and significantly affected by market-wide NAV premiums. …

… price-to-NAV ratios and public deal premiums. REITs … NAV will command higher public deal
premiums and REITs trading at premiums to NAV will command lower public deal premiums. …

… net asset value (NAV) premiums/… NAV, on average, in 2008–2009 crisis. Since 2013, A-REIT
sector has exhibited a strong recovery from the financial crisis and traded at high premiums …

… the variation in premiums to Net Asset Value (NAV) in REIT … variation in monthly REIT NAV
premiums using panel vector … -third of the variation in NAV premiums. Short sale constraints …

… This paper examines net asset value (NAV) discounts and premiums in the setting … NAV
discounts and premiums. Our findings suggest that deviations of market capitalisation from NAV …

… to NAV? What does the observed private and public risk premium tell us about discount to
NAV… We attempt to address these questions by analysing risk premiums in private and public …

… of both the level of and changes in premiums to NAV in REIT pricing over the 1996-1999 …
premiums to NAV using a sample of individual REITs. We find that the level of premium to NAV …

… (premium) to NAV. The purpose of this thesis is to find out what drive, impact and influence
the discounts and premiums to NAV in … in the discounts and premiums are attributable to firm-…

… are important factors of NAV discounts and NAV premiums, respectively. … NAV. Conversely,
poor corporate governance practices are often associated with lower equity valuation or NAV …

Discount/Premium to net asset value, being when the share price of a listed company
deviatesfrom the underlying assets, is a puzzling phenomenon widely acknowledged and …