Market Signals Associated with REIT IPOs

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本文档由 enbook 分享于2010-11-07 02:18

Previous studies have found signicant but time-varying valuation effects associated with real estate investment trusts initial public offerings (REIT IPOs). Because REIT IPOs may disclose relevant information about real estate market conditions, they may serve to revalue existing real estate securities. To determine whether REIT IPOs signal information that is im..

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