Mohd Adnan, Yasmin and Lamin, Normala and Razali, Muhammad Najib and Jalil, Rohaya Abdul and Esha, Zulkifli (2021) Real estate investment trusts' (reits) asset management strategies within global reit portfolios. Real Estate Management and Valuation, 29 (1). pp. 72-86. ISSN 1733-2478, DOI https://doi.org/10.2478/remav-2021-0007.
Full text not available from this repository.Abstract
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.
Item Type: | Article |
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Funders: | UNSPECIFIED |
Uncontrolled Keywords: | Management; REITs; Strategy; Global; Asset; Malaysia |
Subjects: | H Social Sciences > HB Economic Theory H Social Sciences > HF Commerce > Business |
Divisions: | Faculty of the Built Environment |
Depositing User: | Ms Zaharah Ramly |
Date Deposited: | 09 Sep 2022 00:33 |
Last Modified: | 09 Sep 2022 00:33 |
URI: | http://eprints.um.edu.my/id/eprint/35061 |
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