Colombian evidence on REIT performance against inflation

Securitization through real estate investment trust funds (REIT) in the Colombian market remain an under researched topic, given their short history regarding data. New sources of information raise new and interesting questions concerning its usage. This study evaluates the available data regarding...

Full description

Autores:
Tipo de recurso:
masterThesis
Fecha de publicación:
2017
Institución:
Pontificia Universidad Javeriana
Repositorio:
Repositorio Universidad Javeriana
Idioma:
spa
OAI Identifier:
oai:repository.javeriana.edu.co:10554/40444
Acceso en línea:
http://hdl.handle.net/10554/40444
https://doi.org/10.11144/Javeriana.10554.40444
Palabra clave:
Inversión inmobiliaria
VECM
Confianza
REIT’s
VECM
Real Estate Investment
Trust
Maestría en economía - Tesis y disertaciones académicas
Sociedades de inversión en finca raíz
Bienes raíces
Rights
openAccess
License
Atribución-NoComercial-SinDerivadas 4.0 Internacional
Description
Summary:Securitization through real estate investment trust funds (REIT) in the Colombian market remain an under researched topic, given their short history regarding data. New sources of information raise new and interesting questions concerning its usage. This study evaluates the available data regarding REIT’s, how international studies have approached to its analysis, and if previous findings in other markets reflects also in the Colombian market. Basically, this study analyzes how REIT’s behave with inflation, and a priori hypothesis might tell us that inflation and REIT’s are cointegrated in the long run, through the channel of rental income contracts, which have a pre-established periodical increase attached to the inflation