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Investing in REITs : real estate investment trusts /
"The consistency of REITs' earnings and their high dividend yields, together with the low correlation of REIT stock prices with prices of other asset classes, make real estate investment trusts a unique opportunity for investors. Drawing on more than thirty years of successful investing ex...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Hoboken, N.J. :
Bloomberg Press/Wiley,
©2012.
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| Edición: | 4th ed. |
| Colección: | Bloomberg.
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| Temas: | |
| Acceso en línea: | Texto completo (Requiere registro previo con correo institucional) |
Tabla de Contenidos:
- Investing in REITs: Real Estate Investment Trusts; Contents; Introduction; Acknowledgments; Part I: Meet the REIT; Chapter 1: REITs: What They Are and How They Work; Types of REITs; General Investment Characteristics; Higher Current Returns; Summary; Chapter 2: REITs versus Competitive Investments; Bonds; Convertible Bonds; Preferred Stocks; Other High-Yielding Equities; Other Real Estate Investment Vehicles; Summary; Chapter 3: Today's REITs; The First REIT; The Tax Reform Act of 1986; UPREITs and DownREITs; REIT Modernization Act and RIDEA; Lending REITs versus Ownership REITs.
- Expansion of REIT Property Sector OfferingsSummary; Chapter 4: Property Sectors and Their Cycles; Ups and Downs; Property Sectors; Summary; Part II: History and Mythology; Chapter 5: REITs: Mysteries and Myths; Changing Attitudes toward REITs; Myths about REITs; Summary; Chapter 6: A History of REITs and REIT Performance; The 1960s: Infancy; The 1970s: Adolescence and Turbulence; The 1980s: Overbuilding-The Troll Under the Bridge; The 1990s: The Modern REIT Era-Plus More Growing Pains; 2000 to 2007: Credibility and Market Acceptance; 2007 through 2010: REITs Survive the Great Recession.
- Recent TrendsSummary; Part III: Investing Intelligently in REITs; Chapter 7: REITs: Growth and Value Creation; The Significance of FFO and AFFO; The Dynamics of FFO/AFFO Growth; Internal Growth; How to Build Internal Growth into a Lease; Other Ways to Generate Internal Growth and to Create Shareholder Value; External Growth; More External Growth Avenues; Summary; Chapter 8: Searching for Blue Chips; Investment Styles; Growth REITs; Value or ""Turnaround"" REITs; Bond-Proxy REITs; The Virtues of Blue-Chip REITs; The Importance of Allocating Capital Wisely; Summary.
- Chapter 9: The Quest for Investment ValueThe Investor's Dilemma: Buy-and-Hold versus Trading; The Buy-and-Hold Strategy; REIT Stock Valuation; Valuing REITs as a Group; Summary; Chapter 10: Building a REIT Portfolio; How Much of a Good Thing Do You Want?; Diversification among REITs; Toward a Well-Balanced Portfolio; How to Get Started; Summary; Chapter 11: Investing in Global REITs and Property Companies; How the U.S. REIT Revolution Spread around the Globe; Mapping the Size of Global Property Stock Markets; Managing a Global Real Estate Securities Portfolio.
- The Practicalities of Investing Overseas for the Individual InvestorA Summary: Stocks for All Investment Seasons; The Long-Term Evidence Supporting Investments in Global Real Estate Securities; Part IV: Risks and Future Prospects; Chapter 12: What Can Go Wrong?; Issues Affecting All REITs; Problems Affecting Individual REITs; Summary; Chapter 13: Tea Leaves: Some Thoughts about the Future; Additional Real Estate Owners Will ""REITize""; Increasing Investor Demand for REITs; Larger REITs: Is Bigger Really Better?; Additional New Trends; So Much More to Come; Summary.
- Appendix A: Death and Taxes.