The EU REIT and the Internal Market for Real Estate
85 Pages Posted: 12 Feb 2008
Date Written: November 2007
Abstract
Research report on the economic rationale for the creation of an EU REIT structure. The current landscape of structure for property vehicles in Europe is a patchwork of regimes, all with different legal rules and regulations. This leads to distortion of competition, inefficient allocation of capital and does not contribute to market safety and security. We elaborate on these issues, discuss why doing nothing is not an option, and provide an operational framework for an EU REIT.
Keywords: real estate, REIT, governance, Europe
Suggested Citation: Suggested Citation
Do you have a job opening that you would like to promote on SSRN?
Recommended Papers
-
By Jay C. Hartzell, Libo Sun, ...
-
The Effect of Corporate Governance on Investment: Evidence from Real Estate Investment Trusts
By Jay C. Hartzell, Libo Sun, ...
-
By Jay C. Hartzell, Crocker H. Liu, ...
-
Reit Dividend Determinants: Excess Dividends and Capital Markets
By William G. Hardin and Matthew D. Hill
-
Insider Ownership and Firm Value: Evidences from Real Estate Investment Trusts
By Bing Han
-
By James C. Brau and Andrew M. Holmes
-
Explaining the Variation in Reit Capital Structure: The Role of Asset Liquidation Value
By Erasmo Giambona, John P. Harding, ...
-
Explaining the Variation in Reit Capital Structure: The Role of Asset Liquidation Value
By Erasmo Giambona, John P. Harding, ...
-
The Role of the Underlying Real Asset Market in REIT Ipos
By Jay C. Hartzell, Crocker H. Liu, ...
-
Corporate Governance and Performance: The REIT Effect
By Rob Bauer, Piet M. A. Eichholtz, ...