An Empirical Analysis of Real Estate Investment Trusts in Asia

ISBN-13: 9783639713749 / Angielski / Miękka / 2014 / 388 str.

Pham Anh Khoi

Opis

Since the early 2000s, Real Estate Investment Trusts (REITs) have become an important property investment vehicle in Asia. Despite strong interest from property investors, research on Asian REIT markets has been thin and modest. This book provides an empirical analysis on the performance of Asian REITs and their significance in a mixed-asset portfolio. Strategic investment implications for both local and international property investors are also identified. The analysis covers all seven Asian REIT markets of Japan, Singapore, Hong Kong, Malaysia, Taiwan, Thailand and South Korea over periods from September 2001 to April 2012. Over the course of this research, three major studies are carried out. The first study investigates the performance and significance of Asian REITs in a domestic mixed-asset portfolio. The second study extends the analysis to a regional and international investment context, while the third one explores the dynamics of returns and volatility between Asian REIT markets.

O autorze

Dr. (Alex) Anh Khoi Pham, AAPI is a real estate investment specialist with solid research and industry experience. He holds a PhD in Property Investment from the University of Western Sydney. His areas of expertise include; portfolio management, property economics, financial modelling, forecasting and real estate investment analysis.