Investors’ Limited Attention: Evidence from REITs

Barriers to and Solution to Sustainable Management of Historic and Monumental Buildings in Nigeria

“…Therefore, there should be a positive correlation between tenant's and landlord's performance. Chen, Harrison and Khoshnoud (2020) used data from 96 publicly traded REITs and their principal tenants, and found that landlords with best performing tenants generate annualized abnormal return which is 6 percentage points higher than landlords with worst performing tenants. In other words, buying REITs whose tenants are high performers and selling REITs whose tenants had the worst returns yields 5-6% abnormal return a year.…”

Investment Style, Regionality Aspects, and Performance: An Analysis in the Context of Brazilian Real Estate Investment Trusts

“…As more studies are conducted in this area, more knowledge and information will become available, which may encourage institutions to organize and provide greater quantities of higher quality data. Additionally, the information about REITs and about the organizations linked to them is relevant for the market, but investors' attention seems to be limited in some aspects of this relationship (Chen et al, 2020). Therefore, detailed data and information could help to foster more academic studies in the area, as well as facilitating management by fund managers, whose work would be made easier with more such information (Scolese et al, 2015).…”