ESG disclosure, REIT debt financing and firm value

Z Feng, Z Wu - The Journal of Real Estate Finance and Economics, 2023 - Springer
Using recently available GRESB ESG public disclosure data for REITs around the world, we
examine how ESG disclosure is related to REIT debt financing and firm value. We find that …

Location density, systematic risk, and cap rates: Evidence from REITs

G Fisher, E Steiner, S Titman… - Real Estate …, 2022 - Wiley Online Library
A property's location is often considered to be the ultimate determinant of its investment
performance. But how exactly does a property's location influence its risk and return? We …

Asset productivity, local information diffusion, and commercial real estate returns

DC Ling, C Wang, T Zhou - Real Estate Economics, 2022 - Wiley Online Library
An extensive literature finds that indices of returns on equity real estate investment trusts
(REITs) predict return indices in the private commercial real estate (CRE) market. Using a …

ESG components and equity returns: Evidence from real estate investment trusts

KY Fan, J Shen, ECM Hui, LTW Cheng - International Review of Financial …, 2024 - Elsevier
This study examines the relationships between the individual components of environmental,
social, and governance (ESG) performance and future stock returns of US Real Estate …

REIT Chief Executive Officer (CEO) compensation in the new era

Z Feng, WG Hardin III, Z Wu - The Journal of Real Estate Finance and …, 2022 - Springer
Relations between REIT CEO compensation, firm stock performance and risk, after FASB
accounting changes and additional SEC compensation disclosure requirements in 2006 …

Volatility in US housing sector and the REIT equity return

M Alam - The Journal of Real Estate Finance and Economics, 2024 - Springer
This study examines how housing sector volatilities affect real estate investment trust (REIT)
equity return in the United States. I argue that unexpected changes in housing variables can …

Modeling Different REIT Cash Flows

TA Manda - … of Investment Analysis, Portfolio Management, and …, 2024 - World Scientific
The accuracy and appropriateness of discounted cash flows (DCFs) have been debated for
years in academia and industry. Broadly, for most valuations, appraisers use accounting …

Dividend-yield variation as an asset selection criterion in momentum strategies of Brazilian real estate investment trusts

LH Greenhalgh, CH Campani - Revista Contabilidade & Finanças, 2023 - SciELO Brasil
We aimed at showing the usage of the dividend-yield (DY) variation as a criterion for
selecting Brazilian real estate investment trusts (BR-REITs) in momentum strategies. The …

How do the ceo political leanings affect REIT business decisions?

X Deng, PM Anglin, Y Gao, H Sun - Journal of Real Estate …, 2021 - Taylor & Francis
Business decisions made by the real estate industry have a profound effect on the well-
being of people who live, work, or shop in these buildings. While these decisions may be …

[PDF][PDF] How does property location influence investment risk and return

G Fisher, E Steiner, S Titman, A Viswanathan - 2020 - reri.org
Real estate is traditionally divided into several asset classes that depend on the usage of the
property. These property types, which include retail, office, multi-family, and industrial …