Analyzing REIT stocks: valuation and performance issues
Article Abstract:
An understanding of how the value of Real Estate Investment Trust (REIT) stocks is determined requires an understanding of the various measures of REIT income and return. Those measures include funds from operations (FFO), funds from operations per share, and price to FFO multiple. REIT enthusiasts expect REITs to enjoy continued growth and for REITs to be seen as viable components of diversified investment portolios.
Publication Name: Real Estate Review
Subject: Real estate industry
ISSN: 0034-0790
Year: 1998
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The pricing of equity REIT stocks
Article Abstract:
Investors' feelings about equity real estate investment trusts (REITs) are tied to how they feel about real estate and its future. Client evaluation, profit margin analysis, inventory control and revenue review are frequently used tools used to evaluate REITs. Ultimately, investors view REITS and their value as debt instruments, and are therefore priced accordingly. Interest rates strongly affect the price of REITs.
Publication Name: Real Estate Review
Subject: Real estate industry
ISSN: 0034-0790
Year: 1997
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Building measurement standards and real estate securities
Article Abstract:
Few investors in real estate securities realize that "rentable square footage," one of the basic variables in property valuation, is rarely audited and can be calculated using different standards. The Securities and Exchange Commission should adopt a single national standard for calculating rentable square footage. The BOMA/ANSI (Z65.1) standard is recommended for that purpose.
Publication Name: Real Estate Review
Subject: Real estate industry
ISSN: 0034-0790
Year: 1998
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