Abstract
Focused REITs represent a significant share of the world REIT market and nowadays managers are moving from the investment only in the key sectors (like office, retail and residential) into new segments of the real estate market. The chapter considers REITs specialized in one type of real estate asset and compares the performance of those focused on logistics with respect to the others. Results show that the risk –return profile related to a portfolio focused on this type of assets are among the best investment opportunities available even if the persistence over time of the results over time is lower than other real estate segments.
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The sample considers all listed REITs in Europe available on the Thompson Eikon database on 31 December 2016 that are specialized in only one type of real estate asset. The list of REITs is available on the Table 6.7 in Appendix.
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Mattarocci, G., Pekdemir, D. (2017). Performance Analysis of Focused REITs: Logistic vs. Other REITs. In: Logistic Real Estate Investment and REITs in Europe. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-69206-7_6
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DOI: https://doi.org/10.1007/978-3-319-69206-7_6
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