Performance of real estate investment trust (REITs) after global economy crises in Malaysia

Real Estate Investment Trusts (REITs) is a trust unit that creates fund flow from investors and unit holders to real estates. In Malaysia, REITs is a low-risk investment instrument. It can provide at least 90 percent of net profit to the investors and unit holder in terms of dividend. The aim of thi...

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Main Authors: Phoo, Kho Jing, Humaida Banu Samsudin
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2018
Online Access:http://journalarticle.ukm.my/12741/
http://journalarticle.ukm.my/12741/
http://journalarticle.ukm.my/12741/1/jqma-14-2-paper4.pdf
id ukm-12741
recordtype eprints
spelling ukm-127412019-04-03T11:01:37Z http://journalarticle.ukm.my/12741/ Performance of real estate investment trust (REITs) after global economy crises in Malaysia Phoo, Kho Jing Humaida Banu Samsudin, Real Estate Investment Trusts (REITs) is a trust unit that creates fund flow from investors and unit holders to real estates. In Malaysia, REITs is a low-risk investment instrument. It can provide at least 90 percent of net profit to the investors and unit holder in terms of dividend. The aim of this study is to examine the performance of REITs Malaysia compared to market benchmark, FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) after economy crises. The crises are Global Financial Crisis (2008), European Debt Crisis (2011) and Crude Oil Price Crash (2014). Three risk-adjusted measurements are used to test the performance of REITs, which are Sharpe ratio, Treynor ratio and Jensen’s alpha. The result of this study will give an overall idea to investors on the performance of REITs Malaysia against risks. Penerbit Universiti Kebangsaan Malaysia 2018-12 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/12741/1/jqma-14-2-paper4.pdf Phoo, Kho Jing and Humaida Banu Samsudin, (2018) Performance of real estate investment trust (REITs) after global economy crises in Malaysia. Journal of Quality Measurement and Analysis, 14 (2). pp. 35-44. ISSN 1823-5670 http://www.ukm.my/jqma/current.html
repository_type Digital Repository
institution_category Local University
institution Universiti Kebangasaan Malaysia
building UKM Institutional Repository
collection Online Access
language English
description Real Estate Investment Trusts (REITs) is a trust unit that creates fund flow from investors and unit holders to real estates. In Malaysia, REITs is a low-risk investment instrument. It can provide at least 90 percent of net profit to the investors and unit holder in terms of dividend. The aim of this study is to examine the performance of REITs Malaysia compared to market benchmark, FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBM KLCI) after economy crises. The crises are Global Financial Crisis (2008), European Debt Crisis (2011) and Crude Oil Price Crash (2014). Three risk-adjusted measurements are used to test the performance of REITs, which are Sharpe ratio, Treynor ratio and Jensen’s alpha. The result of this study will give an overall idea to investors on the performance of REITs Malaysia against risks.
format Article
author Phoo, Kho Jing
Humaida Banu Samsudin,
spellingShingle Phoo, Kho Jing
Humaida Banu Samsudin,
Performance of real estate investment trust (REITs) after global economy crises in Malaysia
author_facet Phoo, Kho Jing
Humaida Banu Samsudin,
author_sort Phoo, Kho Jing
title Performance of real estate investment trust (REITs) after global economy crises in Malaysia
title_short Performance of real estate investment trust (REITs) after global economy crises in Malaysia
title_full Performance of real estate investment trust (REITs) after global economy crises in Malaysia
title_fullStr Performance of real estate investment trust (REITs) after global economy crises in Malaysia
title_full_unstemmed Performance of real estate investment trust (REITs) after global economy crises in Malaysia
title_sort performance of real estate investment trust (reits) after global economy crises in malaysia
publisher Penerbit Universiti Kebangsaan Malaysia
publishDate 2018
url http://journalarticle.ukm.my/12741/
http://journalarticle.ukm.my/12741/
http://journalarticle.ukm.my/12741/1/jqma-14-2-paper4.pdf
first_indexed 2023-09-18T20:03:17Z
last_indexed 2023-09-18T20:03:17Z
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