Repository logo
 

REITS IN TIME OF COVID 19

dc.contributor.authorYongpei, Cai
dc.contributor.copyright-releaseNot Applicableen_US
dc.contributor.degreeMaster of Artsen_US
dc.contributor.departmentDepartment of Economicsen_US
dc.contributor.ethics-approvalNot Applicableen_US
dc.contributor.external-examinern/aen_US
dc.contributor.graduate-coordinatorCasey Warmanen_US
dc.contributor.manuscriptsNot Applicableen_US
dc.contributor.thesis-readerJames McNeilen_US
dc.contributor.thesis-readerYulia Kotlyarovaen_US
dc.contributor.thesis-supervisorKuan Xuen_US
dc.date.accessioned2021-12-14T17:32:18Z
dc.date.available2021-12-14T17:32:18Z
dc.date.defence2021-12-13
dc.date.issued2021-12-14T17:32:18Z
dc.description.abstractThis paper examines the net impact of COVID-19 on US REITs returns by asset class relative to the recession caused by the Global Financial Crisis over the period of 2007-2009. The result indicates that the net impact of COVID-19 is positive and statistically significant on the returns for industrial REITs and office REITs, while the effect on residential and retail REITs is minimum. E-commerce and the demand for storage, distribution, and shipping attribute to the minimum price drawdown for industrial REITs during the recession in 2020 relative to office, residential, and retail REITs. Temporary closure of non-essential business, social distancing, and percentage rent clause attribute to the similar severity of price drawdown in residential and retail REITs in 2020 relative to the Global Financial Crisis.en_US
dc.identifier.urihttp://hdl.handle.net/10222/81082
dc.language.isoenen_US
dc.subjectREITsen_US
dc.titleREITS IN TIME OF COVID 19en_US

Files

Original bundle

Now showing 1 - 1 of 1
Loading...
Thumbnail Image
Name:
YongpeiCai2021.pdf
Size:
311.86 KB
Format:
Adobe Portable Document Format
Description:

License bundle

Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description: