| 000 | 01144cab a2200205 4500 | ||
|---|---|---|---|
| 001 | ##L133938 | ||
| 008 | 060622n2006 000 0 eng u | ||
| 035 | _a(Sirsi) u133938 | ||
| 041 | 0 | _aeng | |
| 100 | 1 | _aCampbell, Robert D. | |
| 245 | 0 | 0 | _aValue creation in REIT property sell-offs |
| 260 | _c2006 | ||
| 490 | 0 |
_aReal Estate Economics _v34(2) Summer 2006, 329-342(14) |
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| 520 | _aExamines major sales of real property by public US REITs between 1992 and 2002, finding that abnormal returns in real estate sell-offs by all types of firms are derived largely from asset allocation efficiencies and not exclusively from tax benefits. Shareholder returns are lower in sell-offs motivated by a desire to reduce long-term debt. Returns are inversely related to the firm's operating performance prior to the sell-off announcement, supporting the case that improved asset efficiencies create value in real estate sell-offs. [Taken from journal abstract]. | ||
| 590 | _aIKA040706 | ||
| 690 | _aPROPERTY-PROPERTY FINANCE AND INVESTMENT-REAL ESTATE INVESTMENT TRUSTS | ||
| 700 | 1 | _aPetrova, Milena | |
| 700 | 1 | _aSirmans, C. F. | |
| 942 | _n0 | ||
| 999 |
_c77269 _d77269 |
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