Development of Real Estate Investment Trust (REIT) Regimes in Europe
The purpose of this paper is to examine the existing REIT (Real Estate Investment Trust) regimes in Europe and to analyse whether REITs can be successful investment vehicle on the European markets. REIT is an investment regime that provides an efficient solution for small investors to participate in commercial real estate markets, avoiding real estate disadvantages as part of an investment portfolio. It is possible that the REIT concept will developed in all EU member states introducing real estate companies and their investors with new opportunities. In this paper main features and challenges of REIT regimes will be discussed. (original abstract)
- Block, R. (2002), Investing in REITs, Bloomberg Press, Princeton, NJ, USA.
- Eichholtz, P., Kok, N. (2007), The EU REIT and the Internal Market for Real Estate. A research report for the European Landowners' Organization, the European Property Federation, the Royal Institution of Chartered Surveyors, The European Group of Valuers' Associations, and the Urban Land Institute Europe, Maastricht University.
- Garrigan, R., Parsons, J. (1997), Real Estate Investment Trusts. Structure, Analysis and Strategy, The McGraw-Hill companies, Inc., New York, US.
- Gordon, M. (2008), The complete guide to investing in Real Estate Investment Trusts, Atlantic Publishing Group, Inc.
- Imperiale, R. (2006), Getting started In Real Estate Investment Trusts, John Wiley&Sons, Inc., Hoboken, New Jersey, USA.
- Su Han Chan, Ericsson, J., Wang, K. (2009), Real Estate Investment Trusts. Structure, Performance, and Investment Opportunities, Oxford University Press, Oxford, UK.
- EPRA Global REIT Survey, September 2009.
- Compare and contrast: Worldwide Real Estate Investment Trust (REIT) Regimes, PriceWaterhouseCoopers Report 2010.