REITs

Risk-Adjusted Performance of Malaysian Real Estate Investment Trust Funds

On: October 9, 2022

This study evaluates performance and risk features of Malaysian REIT funds from 2007-2012. Performance evaluation methods employed are Sharpe, Treynor, Jensen, and M-squared measures. The results indicate that beta values are all less than one and that the total risk of REIT funds comes mostly from the unsystematic risk component.Continue Reading

Debt and Financial Performance of REITs in Malaysia: A Moderating Effect of Financial Flexibility

By: sufizulkarnain01

On: October 8, 2022

The use of debt by REITs entity seems to be a puzzle in numerous REITs literature, as REITs are tax-exempted business entities. The trade-off theory implies that the financing strategy of using debt provides no value in a REIT entity with a marginal tax rate of zero. However, high dividendContinue Reading