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Trade-offs between Asset Location and Proximity to Home: Evidence from REIT Property Sell-offs
Authors:Wang  Chongyu  Zhou  Tingyu
Affiliation:1.Department of Finance, Concordia University, John Molson School of Business, 1450 Guy, Montreal, QC, H3H 0A1, Canada
;2.Department of Risk Management/Insurance, Real Estate and Legal Studies, Florida State University, College of Business, 821 Academic Way, Tallahassee, FL, 32304, USA
;
Abstract:The Journal of Real Estate Finance and Economics - We examine property sell-offs by real estate investment trusts (REITs) and find that investors respond favorably to sales of properties located...
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