Real Estate Investment Trusts' (REITs) Asset Management Strategies Within Global REIT Portfolios

• Autorzy: Yasmin Mohd Adnan , Normala Lamin , Muhammad Najib Razali , Rohaya Abdul Jalil , Zulkifli Esha
• Języki publikacji: EN

Abstrakty

EN

Investment in REITs has become significant in recent years due to the stability and sustainable performance of the investment. A study on the management perspective is very important but this perspective is very limited. Asset management will derive from the profit optimization of the investment. Therefore, it is important to assess asset management strategies to ensure the sustainable performance of the assets. This paper aims to assess asset management strategies among matured REIT companies in developed countries in comparison with Malaysian REIT companies from the perspective of the managers. This research employed qualitative analyses by using content analysis techniques. A total of 41 REIT companies from the United States (US), Japan, Singapore, Australia and Malaysia were assessed. The analyses focused on the similarities and differences between the strategy framework identified in the literature review and the strategies adopted by global REITs and Malaysian REITs under review. The study will enable all REIT stakeholders to become well-informed on global REIT asset management that will derive the maximum profit from the investment. The success of developed countries' REITs will provide guidelines for Malaysian REITs to adopt the best practice of strategic asset management from REITs in mature markets. Furthermore, this study is one of few papers that have discussed the issue of strategic property investment, particularly focusing on REITs. (original abstract)

Słowa kluczowe

EN

Receivables management; Real Estate Investment Trust (REIT); Management strategy

PL

Zarządzanie należnościami; Fundusz nieruchomości typu REIT; Strategia zarządzania

• Czasopismo: Real Estate Management and Valuation
• Rocznik: 2021
• Numer: vol. 29, iss. 1
• Strony: 72--86

Twórcy

autor

Yasmin Mohd Adnan

• Universiti Malaya

autor

Normala Lamin

• Universiti Malaya

autor

Muhammad Najib Razali

• Universiti Teknologi Malaysia

autor

Rohaya Abdul Jalil

• Universiti Teknologi Malaysia

autor

Zulkifli Esha

• Universiti Malaya

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Identyfikatory

DOI

doi.org/10.2478/remav-2021-0007