Determinants and Impacts of Initial Day Return of REIT IPOs: Evidence from U.S. REITs Market
This study examines the initial day return of REIT IPOs using a sample of 174 U.S. Real Estate Investment Trust (REIT) IPOs during the period 1995 to 2014 and finds a significant 2.69% underpricing. The study employs OLS regression analysis to investigate the determinants of initial day return of U....
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| Format: | Dissertation (University of Nottingham only) |
| Language: | English |
| Published: |
2015
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| Online Access: | http://eprints.nottingham.ac.uk/30028/ http://eprints.nottingham.ac.uk/30028/1/dissertation%20-%20Tian.pdf |