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REITs and REOCs and their Initial Stock Market Performance: A European Perspective

Ascherl, Claudia ; Schäfers, Wolfgang



Zusammenfassung

Purpose The purpose of this study is to examine the differences between initial public offering (IPO) pricing in the real estate sector and to provide insight into how real estate investment trust (REIT) and real estate operating company (REOC) IPOs perform in a comparative framework. Design/methodology/approach The sample consists of 107 European REIT and REOC IPOs from nine European ...

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