Download or read book The Malaysian REIT Development and Their Role in a Portfolio written by Atasya Osmadi and published by . This book was released on 2010 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This PhD research will examine the development, performance and impact of Malaysian REITs in the local, Asian and global REIT investment market; particularly focusing on Islamic REITs in Malaysia. This issue is important as REITs have emerged as a topic of considerable interest to the academic community, international investors, policy makers and the public at large; particularly with the recent significant development of REITs in Asia in recent years. The objectives for this research are: 1. To compare the structure and regulation of Malaysian REITs with other countries; both in Asia and internationally and differentiate the structure between Malaysian conventional M-REITs and Islamic M-REITs 2. To develop a Malaysian REIT performance index and a sub-sector Islamic M-REIT performance index and identify the impact of the Global Financial Crisis on Malaysian REIT performance by analysing the risk-adjusted returns performance for Malaysian REITs and Islamic M-REITs and analysing the portfolio diversification benefits of Malaysian REITs and Islamic M-REITs in a mixed-asset portfolio 3. To conduct an investment industry survey to identify the problems, challenges and the possible solutions relating to a successful Malaysian REIT market 4. To identify Malaysian REIT prospects by determining the strategy for its further strategic development and investor acceptance.
Download or read book International REITs How to invest overseas and build an international portfolio written by Kaiwen Leong and published by Marshall Cavendish International Asia Pte Ltd. This book was released on 2014-09-15 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dream of buying an apartment or landed property? What about a luxury shopping mall, office block or five-star hotel? Such dreams are completely possible and at not too expensive or far-fetched. With Real Estate Investment Trusts (REITs), you’ll be able to invest in properties you never thought you could own. REITs derive income from top-notch properties around the world across various industries so buying into a REIT makes you an indirect landlord of their properties. If the REIT soars, you soar — and you don’t have to be a millionaire to invest and to sweeten the deal, most REITs enjoy tax-free income. But to invest, you’ve got to know which REIT to pick. This book will equip you with the tools to evaluate any REIT you come across and simultaneously guide you through the major global markets. To seal the deal, the book will also reveal true stories from the investing world, so you can learn from the best and avoid the pitfalls.
Download or read book The Impact of Malaysian Real Estate Investment Trust in Portfolio Diversification written by Rohaya Abdul Jalil and published by . This book was released on 2007 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Real Estate Investment Trust REITs Efficiency DEA Approach UUM Press written by Siti Latipah and published by UUM Press. This book was released on 2014-10-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is designed to explain the concepts, issues and method used in measuring efficiency of REITs in Malaysia. Real Estate Investment Trust is a type of investment trust focusing on Real Estate. The best examples of Real Estate are building, office, land and plantations. Therefore, many people including operator, customer, regulator, academicians, university’s students and community as a whole will benefit from it. Its guide readers through the importance of measuring efficiency of REITs and help them in making investment decision. This book had been developing to help people to understand and explain the issue as well as the development of REITs in Malaysia.
Download or read book The Reits Real Estate Investment Trusts written by Kim Hin David Ho and published by Partridge Publishing Singapore. This book was released on 2021-11-26 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt: Chapter 1 examines the significance of ‘green’ buildings on the operational and financial performance of REITs. The Chapter covers different direct real estate sectors, namely office, retail and residential, for the REITS concerned to evaluate the consistency of the results. Chapter 2 looks at the risk neutral and non-risk neutral pricing of real estate investment trusts in Singapore (S-REITs), via comparing the average of the individual ratios (of deviation between expected and observed closing price/observed closing price), with the ratio (of standard deviation/mean) for closing prices, via the binomial options pricing tree model. Chapter3 highlights that while the Markowitz portfolio theory (MPT) is popular in modern finance to model portfolios with maximum total returns (TRs) for a given systematic risk, the more flexible multivariate copula model is introduced that enables investors and portfolio managers to obtain the optimal portfolio. Chapter 4 looks at a value investing framework, in which a REIT and real estate comany investment operation is deemed to be one, where a “thorough analysis”, should promise the safety of a principal and an adequate total return. Chapter 5 examines the market reactions of Malaysia’s listed property trusts and property common stocks to corporate restructuring activities – direct real estate asset acquisitions and new listings. Chapter 6 reports the Monetary Authority of Singapore (MAS) consultations with the Inland Revenue Authority of Singapore (IRAS) and the Ministry of Finance (MOF), to introduce the Income Tax Act (ITA) amendments, and a new temporary relief measure for real estate investment trusts (REITs) in Singapore. The Chapter also looks at the proposal by the Asian Public Real Estate Association (APREA) to the MAS, to create a private REIT structure Chapter 7 looks at the key issues and notes on the valuation of the public real estate investment trusts (REITs) and the real estate companies, adopting several valuation metrics to value REITs on a stand-alone and a relative basis. Chapter 8 looks at the unique Asian REIT institutional environment, pertaining to the S-REIT, while cross referencing it to that of the CapitaMall Trust (S-CMT) and the Hong Kong HK- Link REIT. Chapter 9 summarises the book’s findings and highlights the contributions and recommendations made.
Download or read book Building Wealth through REITS Expanded Edition written by Bobby Jayaraman and published by Marshall Cavendish International Asia Pte Ltd. This book was released on 2014-02-15 with total page 166 pages. Available in PDF, EPUB and Kindle. Book excerpt: A decade has passed since the launch of Singapore’s first REIT, Capita Mall trust in July 2002. Despite that, REITs are not as popular as they deserve to be and continue to be plagued with misperceptions. Singapore REITs are one of the few businesses that offer a direct play on the domestic economy and have proven their resilience through market cycles. This book takes a deep and fundamental look at this asset class and explains why every investor should take a serious look at REITs. Building Wealth Through REITs simplifies REIT investing without sacrificing depth of knowledge. It discusses common perceptions about REITs and why many of them don’t hold up to scrutiny. The book contains in-depth interviews with CEOs of major S-REITs that will stimulate your thinking and further your knowledge of various REITs. The book targeted at both novice and sophisticated investors will help you master the fundamentals of REITs and deepen your understanding of this asset class. It provides practical guidance on building a strong and high performing REIT portfolio, one that can set you on the path to financial freedom much earlier than you thought possible. About the Author Bobby Jayaraman has been investing in REITs for close to a decade and has published several articles on REITs in the Singapore media. He is the owner of Frunze Investments, an investment management firm. Prior to starting his own company, he was with Standard Chartered Bank and McKinsey & Company. He holds an MBA from INSEAD
Download or read book The Development of Real Estate Investment Trusts in Asia written by Wu Yue and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Nowadays, property securities (indirect property) have been an important vehicle for investors to invest in commercial real estate at a global platform. Comparing to direct property ownership, they bring unique advantages to a property investment, such as high divisibility and liquidity, lower cost, professional management skills and expertise, and more flexible portfolio diversifications. These factors essentially make property securities an increasingly important asset in strategic investment by institutional investors, as well as retail investors. Among the variety of securitised property investment vehicles, listed Real Estate Operating Corporation (REOCs) and listed Real Estate Investment Trusts (REITs) are two key indirect property investment vehicles. Given that the emergence of REITs is significant in various Asian markets, the landscape of property investment in Asia has improved and reshaped. The establishment of Asian REIT markets not only strengthens the development of property securities market in Asia, but also makes a big step toward the global property securities arena. Therefore, the author was motivated to conduct this research, which focuses on the emerging Asian REIT markets. The overriding theme of this research is to present a profile of the significant development of REIT markets in Asia, empirically assess the performance via developing a series of Asian REIT benchmarks. Furthermore the evaluation of Asian REITs in local mixed-assets portfolios, as well as Asian REITs in global REITs portfolios, explores the potential diversification benefits via adding Asian REITs. Therefore, findings from this empirical research could confirm the portfolio consideration and provide strategic implications via strategic investing in Asian REITs; not only for Asian local investors, but also for property securities fund managers in Australia. Overall, the issue of strategic REITs investment, particularly through the inclusion of emerging Asian REITs has gained increasing importance in current property investment. The significant roles of Asian REITs in a global context have been assessed and evidenced from this research. It clearly fulfils the understandings and insights into the global REIT market, and further provides a contribution to the discipline of the role of REITs in property investment. In the future, given that these emerging Asian REIT market trends will be consolidated, and more potential Asian REITs will emerge (e.g.: China and India), Asian REITs will continue to play a more effective, competitive and significant role in the property investment market globally.
Download or read book Malaysia REIT written by Yuen Meng Wong and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Routledge REITs Research Handbook written by David Parker and published by Routledge. This book was released on 2018-10-10 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Routledge REITs Research Handbook presents a cutting-edge examination of the research into this key global investment vehicle. Edited by internationally respected academic and REIT expert Professor David Parker, the book will set the research agenda for years to come. The handbook is divided into two parts, the first of which provides the global context and a thematic review covering: asset allocation, performance, trading, sustainability, Islamic REITs, emerging sectors and behavioural finance. Part II presents a regional review of the issues with high level case studies from a diverse range of countries including the US, UK, Brazil, India, Australia, China, Singapore, Israel and Russia, to name just a few. This handbook redefines existing areas within the context of international REITs research, highlights emerging areas and future trends and provides postgraduates, professionals and researchers with ideas and encouragement for future research. It is essential reading for all those interested in real estate, international investment, global finance and asset management.
Download or read book Real Estate Investment written by G Jason Goddard and published by Springer Science & Business Media. This book was released on 2012-07-11 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book fills a gap in the existing resources available to students and professionals requiring an academically rigorous, but practically orientated source of knowledge about real estate finance. Written by a bank vice-president who for many years has practiced as a commercial lender and who teaches real estate investment at university level, and an academic whose area of study is finance and particularly valuation, this book will lead readers to truly understand the fundamentals of making a sound real estate investment decision. The focus is primarily on the valuation of leased properties such as apartment buildings, office buildings, retail centers, and warehouse space, rather than on owner occupied residential property.
Download or read book The Report Malaysia 2010 Oxford Business Group written by and published by Oxford Business Group. This book was released on 2010 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Development of the Malaysian REITs Industry written by Jas Bir Kaur and published by . This book was released on 2005 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Real Estate Investment written by Andrew Baum and published by Routledge. This book was released on 2015-05-20 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real Estate Investment: A Strategic Approach provides a unique introduction to both the theory and practice of real estate investing, and examines the international real estate investment industry as it reacts to the global financial crisis. Andrew Baum outlines the market and the players who dominate it; the investment process; the vehicles available for investment; and a suggested approach to global portfolio construction. The book contains many useful features for students including discussion questions, a full further reading list and case studies drawing on international examples from the UK, continental Europe, the USA and Asia. Ideal for undergraduate and postgraduate students on all real estate and property courses and related business studies and finance courses, Real Estate Investment is designed to provide a foundation for the next generation of investment managers, advisers and analysts. Further resources for lecturers and students are available at: www.routledge.com/cw/baum
Download or read book Real Estate Investment Trusts in Europe written by Ramón Sotelo and published by Springer Science & Business Media. This book was released on 2013-12-11 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shortly before of the beginning of the global financial crisis of 2008 REITs were introduced in several European countries based on their success in mature markets like the US, Australia and some Asian countries. While the history of REITs in Europe has been relatively brief, REITs are well on the way to become an industry standard as a real estate investment financial vehicle not only in Europe but throughout the developed world. This book provides both academics and decision makers an introduction to the economics of REITs beyond tax transparency, an overview of the mature REITs markets, and a closer reflection of the development of different REIT-structures in Europe including the history, regulation and markets of each country.
Download or read book Making Research Relevant written by Kelly L. Wester and published by Routledge. This book was released on 2018-06-14 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: Making Research Relevant is the ideal core textbook for master’s-level introduction to research methods courses in mental health. Accessible and user friendly, it is designed to help trainees and practitioners understand, connect, and apply research to clinical practice and day-to-day work with students and clients. The text covers foundational concepts like research ethics and how to best consume research, as well as 11 applied, evaluative, and outcome-based research methods. Easy-to-read chapters are infused with case examples from diverse settings and paired with brief video lectures, which provide vignettes to guide application and visual components that demonstrate how research methods can benefit mental health practitioners in real-world scenarios.
Download or read book REIT Development Activity and Its Impact on Returns written by Timothy S. Becker and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study investigates the impact of real estate development activity on firm valuation and market returns. Using equity real estate investment trust (REIT) data from 1998 to 2021. Contrary to previous research, we find, at a minimum, that firm valuation and development activity is endogenous and hat firms with higher valuations engage in more development activity. We also find that investors do not receive a higher absolute or risk-adjusted return on investments in REITs that develop versus those that do not. Additionally, using different measures for a “development” REIT, we find that development REITs produce less volatile returns than non-development REITs. Taken together, investors appear to overvalue the future income growth and underprice the risk associated with development.
Download or read book Alternative Investments A Primer for Investment Professionals written by Donald R. Chambers and published by CFA Institute Research Foundation. This book was released on 2018 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: Alternative Investments: A Primer for Investment Professionals provides an overview of alternative investments for institutional asset allocators and other overseers of portfolios containing both traditional and alternative assets. It is designed for those with substantial experience regarding traditional investments in stocks and bonds but limited familiarity regarding alternative assets, alternative strategies, and alternative portfolio management. The primer categorizes alternative assets into four groups: hedge funds, real assets, private equity, and structured products/derivatives. Real assets include vacant land, farmland, timber, infrastructure, intellectual property, commodities, and private real estate. For each group, the primer provides essential information about the characteristics, challenges, and purposes of these institutional-quality alternative assets in the context of a well-diversified institutional portfolio. Other topics addressed by this primer include tail risk, due diligence of the investment process and operations, measurement and management of risks and returns, setting return expectations, and portfolio construction. The primer concludes with a chapter on the case for investing in alternatives.
