{"id":839,"date":"2020-04-28T11:53:33","date_gmt":"2020-04-28T03:53:33","guid":{"rendered":"http:\/\/localhost:8888\/?p=839"},"modified":"2025-12-25T21:35:05","modified_gmt":"2025-12-25T13:35:05","slug":"performance-of-canadian-e-reits","status":"publish","type":"post","link":"https:\/\/www.gssinst.org\/irer\/2020\/04\/28\/performance-of-canadian-e-reits\/","title":{"rendered":"Performance of Canadian E-REITs"},"content":{"rendered":"\t\t
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<\/p>

Article<\/div>

Performance of Canadian E-REITs<\/p>

Author<\/p>

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Publication<\/p><\/div>

<\/p>

Lawrence Kryzanowski and Margarita Tcherednitchenko<\/p>

1 \/ 22<\/p>

10<\/p>

2<\/p>

2007<\/p>

International Real Estate Review<\/p><\/div>

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Abstract<\/p>


The return performance and factor sensitivities of Canadian equity real estate investment trusts (E-REITs) are examined. Today, typical and average Canadian E-REIT IPOs are correctly priced based on first-day and subsequent short-run returns. The overpricing evident earlier in the 1993-96
period for typical and average E-REIT IPOs has corrected. E-REITs are equity investments with about one-half the market risk, and greater sensitivity to interest-rate changes, than the S&P\/TSX Composite Index. E-REITs outperformed the S&P\/TSX Composite over the 1996-2004 period on a return, risk, and market- and\/or risk-adjusted basis. Thus, E-REITs provided material diversification benefits with no sacrifice in return, when added to a common stock portfolio during the studied period.<\/p>

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View PDF -https:\/\/doi.org\/10.53383\/100081<\/strong><\/a><\/p>

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Author<\/p>\n

Start Page \/ End Page<\/p>\n

Volume<\/p>\n

Issue Number<\/p>\n

Year<\/p>\n

Publication<\/p>\n<\/div>\n

\n<\/p>\n

Lawrence Kryzanowski and Margarita Tcherednitchenko<\/p>\n

1 \/ 22<\/p>\n

10<\/p>\n

2<\/p>\n

2007<\/p>\n

International Real Estate Review<\/p>\n<\/div>\n

Download Entire Article.\"download-pdf-large\" <\/a><\/p>\n","protected":false},"author":6,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"article-template.php","format":"standard","meta":[],"categories":[138,137],"tags":[],"_links":{"self":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/839"}],"collection":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/comments?post=839"}],"version-history":[{"count":3,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/839\/revisions"}],"predecessor-version":[{"id":4869,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/posts\/839\/revisions\/4869"}],"wp:attachment":[{"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/media?parent=839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/categories?post=839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gssinst.org\/irer\/wp-json\/wp\/v2\/tags?post=839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}