Performance of real estate investment trust (REITs) after global economy crises in Malaysia
Real Estate Investment Trusts (REITs) is a trust unit that creates fund flow from investors and unit holders to real estates. In Malaysia, REITs is a low-risk investment instrument. It can provide at least 90 percent of net profit to the investors and unit holder in terms of dividend. The aim of thi...
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Penerbit Universiti Kebangsaan Malaysia
2018
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ukm-127412019-04-03T11:01:37Z http://journalarticle.ukm.my/12741/ Performance of real estate investment trust (REITs) after global economy crises in Malaysia Phoo, Kho Jing Humaida Banu Samsudin, Real Estate Investment Trusts (REITs) is a trust unit that creates fund flow from investors and unit holders to real estates. In Malaysia, REITs is a low-risk investment instrument. It can provide at least 90 percent of net profit to the investors and unit holder in terms of dividend. The aim of this study is to examine the performance of REITs Malaysia compared to market benchmark, FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) after economy crises. The crises are Global Financial Crisis (2008), European Debt Crisis (2011) and Crude Oil Price Crash (2014). Three risk-adjusted measurements are used to test the performance of REITs, which are Sharpe ratio, Treynor ratio and Jensen’s alpha. The result of this study will give an overall idea to investors on the performance of REITs Malaysia against risks. Penerbit Universiti Kebangsaan Malaysia 2018-12 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/12741/1/jqma-14-2-paper4.pdf Phoo, Kho Jing and Humaida Banu Samsudin, (2018) Performance of real estate investment trust (REITs) after global economy crises in Malaysia. Journal of Quality Measurement and Analysis, 14 (2). pp. 35-44. ISSN 1823-5670 http://www.ukm.my/jqma/current.html |
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Digital Repository |
institution_category |
Local University |
institution |
Universiti Kebangasaan Malaysia |
building |
UKM Institutional Repository |
collection |
Online Access |
language |
English |
description |
Real Estate Investment Trusts (REITs) is a trust unit that creates fund flow from investors and unit holders to real estates. In Malaysia, REITs is a low-risk investment instrument. It can provide at least 90 percent of net profit to the investors and unit holder in terms of dividend. The aim of this study is to examine the performance of REITs Malaysia compared to market benchmark, FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) after economy crises. The crises are Global Financial Crisis (2008), European Debt Crisis (2011) and Crude Oil Price Crash (2014). Three risk-adjusted measurements are used to test the performance of REITs, which are Sharpe ratio, Treynor ratio and Jensen’s alpha. The result of this study will give an overall idea to investors on the performance of REITs Malaysia against risks. |
format |
Article |
author |
Phoo, Kho Jing Humaida Banu Samsudin, |
spellingShingle |
Phoo, Kho Jing Humaida Banu Samsudin, Performance of real estate investment trust (REITs) after global economy crises in Malaysia |
author_facet |
Phoo, Kho Jing Humaida Banu Samsudin, |
author_sort |
Phoo, Kho Jing |
title |
Performance of real estate investment trust (REITs) after global economy crises in Malaysia |
title_short |
Performance of real estate investment trust (REITs) after global economy crises in Malaysia |
title_full |
Performance of real estate investment trust (REITs) after global economy crises in Malaysia |
title_fullStr |
Performance of real estate investment trust (REITs) after global economy crises in Malaysia |
title_full_unstemmed |
Performance of real estate investment trust (REITs) after global economy crises in Malaysia |
title_sort |
performance of real estate investment trust (reits) after global economy crises in malaysia |
publisher |
Penerbit Universiti Kebangsaan Malaysia |
publishDate |
2018 |
url |
http://journalarticle.ukm.my/12741/ http://journalarticle.ukm.my/12741/ http://journalarticle.ukm.my/12741/1/jqma-14-2-paper4.pdf |
first_indexed |
2023-09-18T20:03:17Z |
last_indexed |
2023-09-18T20:03:17Z |
_version_ |
1777406991245770752 |