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REOCs and REITs

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Understanding German Real Estate Markets

Part of the book series: Management for Professionals ((MANAGPROF))

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Abstract

This chapter considers the German market for listed real estate companies. First, a distinction is made between German listed real estate operating companies and Real Estate Investment Trusts. These are then ordered into the investment spectrum, and the German and European market for listed real estate companies is analyzed. Finally, success factors and value drivers that can support the success and the future of German real estate companies on the capital market are presented.

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Notes

  1. 1.

    Rehkugler and Sotelo (2009).

  2. 2.

    Sebastian and Schätz (2010).

  3. 3.

    Lang and Scholz (2015).

  4. 4.

    Exceptions are listed in §16.2 to §16.6 of REITG.

  5. 5.

    Sotelo (2006).

  6. 6.

    EPRA (2009).

  7. 7.

    EPRA (2014a).

  8. 8.

    EPRA (2009).

  9. 9.

    EPRA (2014a).

  10. 10.

    BVI (2006).

  11. 11.

    EPRA (2014a).

  12. 12.

    Schäfers et al. (2008).

  13. 13.

    ibid.

  14. 14.

    ibid.

  15. 15.

    ibid.

  16. 16.

    ibid.

  17. 17.

    ibid.

  18. 18.

    Scholz et al. (2014, 2015).

  19. 19.

    Schäfers et al. (2008).

  20. 20.

    Feri Eurorating Services AG (2008), Rehkugler and Goronczy (2009), Cometis AG (2009), Kohl (2009), and Kohl and Schäfers (2012).

  21. 21.

    Healy and Palepu (2001), Bushman and Smith (2003), Callahan and Smith (2004), and Lang et al. (2012).

  22. 22.

    Kohl (2009) and Kohl and Schäfers (2012).

  23. 23.

    EPRA (2014b).

  24. 24.

    Kohl and Schäfers (2012).

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Authors and Affiliations

  1. IREBS—University of Regensburg, Regensburg, Germany

    Wolfgang Schäfers, Kai-Magnus Schulte & Alexander Scholz

Authors
  1. Wolfgang Schäfers
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  2. Kai-Magnus Schulte
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  3. Alexander Scholz
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Corresponding author

Correspondence to Wolfgang Schäfers .

Editor information

Editors and Affiliations

  1. International Real Estate Business School (IRE|BS), University of Regensburg, Regensburg, Germany

    Tobias Just

  2. University of Hamburg, Hamburg, Germany

    Wolfgang Maennig

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Schäfers, W., Schulte, KM., Scholz, A. (2017). REOCs and REITs. In: Just, T., Maennig, W. (eds) Understanding German Real Estate Markets. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-319-32031-1_21

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