The aim of DID Deutsche Immobilien Datenbank, which forms part of the Investment Property Databank (IPD) network, is to foster detailed comparative analyses for real estate portfolios of institutional investors in Germany. The periodic service is based on a databank which includes comprehensive...

The aim of DID Deutsche Immobilien Datenbank GmbH, which forms part of the Investment Property Databank (IPD) network, is to foster detailed comparative analyses for real estate portfolios of institutional investors in Germany. IPD is a global information business, dedicated to the supply of...

In Germany, openended funds represent the prevailing form of indirect real estate investment for retail and institutional investors. As of 2007, more than 140 funds would exist, amounting to over 100 bn Euros in assets. The performance of such funds has been subject to critical questioning as it...

Property performance indices are a key analytical tool for the understanding and quantitative analysis of property markets. Through the expansion of the Investment Property Databank they now exist for a wide range of countries, enabling practitioners and researchers to perform comparative...

In this paper, we analyze the potential influence of top executives on the performance of US real estate investment trusts by using a dataset of 101 listed US REITs for the period 2003 through 2007. In doing so, a broad range of company variables such as balance sheet data as well as personal...

This paper studies the impact of CEO discretion within the incentive structure of U.S. REITs. In contrast to the existing governance literature we focus on a specific sector with a specific legal setting (e.g., restrictive payout ratios), and organizational structure (e.g., little threat of a...

"As the discipline of real estate education comes to a stage of maturity in Germany, the providers of real estate education begin to specialize. The paper provides empirical evidence for this specialization with regard to an approach which can be described as ""transaction-based"", as it focuses...

ERES:conference

ERES:conference

The paper investigates the capital structures of North-American REITs in different market phases. First, the paper aims at finding out how different REITs alter their capital structures in different environments. Second, it will be investigated which capital structures outperform others in...