Property-type diversification and REIT performance: an analysis of operating performance and abnormal returns
Author:
Publisher
Springer Science and Business Media LLC
Subject
Economics and Econometrics,Finance
Link
http://link.springer.com/content/pdf/10.1007/s12197-012-9232-0.pdf
Reference41 articles.
1. Allen MT, Madura J, Springer TM (2000) REIT characteristics and the sensitivity of REIT returns. J R Estate Finance Econ 21:141–152
2. Anderson RI, Fok R, Springer TM, Webb JR (2002) Technical efficiency and economies of scale: a non-parametric analysis of REIT operating efficiency. Eur J Oper Res 139:598–612
3. Benefield JD, Anderson RI, Zumpano LV (2009) Performance differences in property-type diversified versus specialized real estate investment trusts. Rev Financ Econ 18:70–79
4. Berger P, Ofek E (1995) Diversification’s effect on firm value. J Financ Econ 37:39–65
5. Bers M (1998a) Sources of scale economies for REITs. Real Estate Finance 14:47–56
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