Publicação
An analysis of the Brazilian REITs
| Resumo: | To contribute to the literature about the Brazilian Indirect Real Estate market, this paper studies the impact of diversification strategy and full control / ownership of properties on the performance of Fundos de Investimento Imobiliário (FIIs), the Brazilian version of REITs. I collected information about 110 FIIs and the quantitative analysis suggests that both diversification strategy and full control of properties negatively impact performance of FIIs. Considering past researches, the results are unexpected and indicate that Brazilian REITs are different. |
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| Autores principais: | Neto, Antonio Reis Silva |
| Assunto: | Fundos de Investimento Imobilário (FIIs) Diversification Full control Brazilan real estate market Performance |
| Ano: | 2016 |
| País: | Portugal |
| Tipo de documento: | dissertação de mestrado |
| Tipo de acesso: | acesso aberto |
| Instituição associada: | Universidade Nova de Lisboa |
| Idioma: | inglês |
| Origem: | Repositório Institucional da UNL |
| Resumo: | To contribute to the literature about the Brazilian Indirect Real Estate market, this paper studies the impact of diversification strategy and full control / ownership of properties on the performance of Fundos de Investimento Imobiliário (FIIs), the Brazilian version of REITs. I collected information about 110 FIIs and the quantitative analysis suggests that both diversification strategy and full control of properties negatively impact performance of FIIs. Considering past researches, the results are unexpected and indicate that Brazilian REITs are different. |
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