Measuring the determinants of real estate investment trusts (REITS) performance: Malaysian evidence

The objective of this research is to study the relationship between firm-specific variables (diversification on property type and location, size of company, cost of capital, and underlying property income – model one) and macroeconomic variables (gross domestic product, interest rate, and exchange r...

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Main Authors:	Chang, Fei Yong, Mohd Thas Thaker, Hassanudin, Mohd Thas Thaker, Mohamed Asmy, Allah Pitchay, Anwar
Format:	Article
Language:	English
Published:	Universiti Malaysia Sabah 2017
Subjects:	H Social Sciences (General)
Online Access:	http://irep.iium.edu.my/62153/ http://irep.iium.edu.my/62153/ http://irep.iium.edu.my/62153/1/pg58%20to%2076.pdf

id	iium-62153
recordtype	eprints
spelling	iium-621532018-02-21T01:08:52Z http://irep.iium.edu.my/62153/ Measuring the determinants of real estate investment trusts (REITS) performance: Malaysian evidence Chang, Fei Yong Mohd Thas Thaker, Hassanudin Mohd Thas Thaker, Mohamed Asmy Allah Pitchay, Anwar H Social Sciences (General) The objective of this research is to study the relationship between firm-specific variables (diversification on property type and location, size of company, cost of capital, and underlying property income – model one) and macroeconomic variables (gross domestic product, interest rate, and exchange rate – model two) with the performance of real estate investment trusts (REITs) in Malaysia during the period of 2011 to 2015. The rate of return is used to measure the performance of REITs in Malaysia. This study adopted correlation and regression analysis, and thus, concluded that diversification on property type, size of firm and underlying property income are significant in this research; while all of the macroeconomic variables are insignificant. With the potential of the REITs, it is expected that this research provides insight on M-REITs’ performances to companies, future investors, investment brokers, and other researchers who study the M-REITs market. Universiti Malaysia Sabah 2017-12 Article PeerReviewed application/pdf en http://irep.iium.edu.my/62153/1/pg58%20to%2076.pdf Chang, Fei Yong and Mohd Thas Thaker, Hassanudin and Mohd Thas Thaker, Mohamed Asmy and Allah Pitchay, Anwar (2017) Measuring the determinants of real estate investment trusts (REITS) performance: Malaysian evidence. Labuan Bulletin of International Business & Finance, 15. pp. 58-76. ISSN 1675-7262 E-ISSN 2600-7894 http://wwwkal.ums.edu.my/lbibf/index.php/published-articles-downloadable/category/18-volume-15-2017
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	H Social Sciences (General)
spellingShingle	H Social Sciences (General) Chang, Fei Yong Mohd Thas Thaker, Hassanudin Mohd Thas Thaker, Mohamed Asmy Allah Pitchay, Anwar Measuring the determinants of real estate investment trusts (REITS) performance: Malaysian evidence
description	The objective of this research is to study the relationship between firm-specific variables (diversification on property type and location, size of company, cost of capital, and underlying property income – model one) and macroeconomic variables (gross domestic product, interest rate, and exchange rate – model two) with the performance of real estate investment trusts (REITs) in Malaysia during the period of 2011 to 2015. The rate of return is used to measure the performance of REITs in Malaysia. This study adopted correlation and regression analysis, and thus, concluded that diversification on property type, size of firm and underlying property income are significant in this research; while all of the macroeconomic variables are insignificant. With the potential of the REITs, it is expected that this research provides insight on M-REITs’ performances to companies, future investors, investment brokers, and other researchers who study the M-REITs market.
format	Article
author	Chang, Fei Yong Mohd Thas Thaker, Hassanudin Mohd Thas Thaker, Mohamed Asmy Allah Pitchay, Anwar
author_facet	Chang, Fei Yong Mohd Thas Thaker, Hassanudin Mohd Thas Thaker, Mohamed Asmy Allah Pitchay, Anwar
author_sort	Chang, Fei Yong
title	Measuring the determinants of real estate investment trusts (REITS) performance: Malaysian evidence
title_short	Measuring the determinants of real estate investment trusts (REITS) performance: Malaysian evidence
title_full	Measuring the determinants of real estate investment trusts (REITS) performance: Malaysian evidence
title_fullStr	Measuring the determinants of real estate investment trusts (REITS) performance: Malaysian evidence
title_full_unstemmed	Measuring the determinants of real estate investment trusts (REITS) performance: Malaysian evidence
title_sort	measuring the determinants of real estate investment trusts (reits) performance: malaysian evidence
publisher	Universiti Malaysia Sabah
publishDate	2017
url	http://irep.iium.edu.my/62153/ http://irep.iium.edu.my/62153/ http://irep.iium.edu.my/62153/1/pg58%20to%2076.pdf
first_indexed	2023-09-18T21:28:07Z
last_indexed	2023-09-18T21:28:07Z
_version_	1777412328847835136

Measuring the determinants of real estate investment trusts (REITS) performance: Malaysian evidence

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