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dc.contributor.authorSimpson, Jane H.en
dc.date.accessioned2011-06-28T02:06:20Z
dc.date.issued2011-01en
dc.identifier.citationSimpson, J. (2011).The investment strategies of property trusts and property investment companies listed on the New Zealand Stock Exchange (NZX). In Proceedings of the 17th annual conference of the Pacific Rim Real Estate Society, Gold Coast, Australia, 16-19 January 2011.en
dc.identifier.urihttps://hdl.handle.net/10182/3666
dc.description.abstractThe purpose of this study was to assess the overall investment strategies of the property trusts and property investment companies listed on the New Zealand Stock Exchange (NZX). The negative impact of the recent Global Financial Crisis (GFC) on property values and rental incomes has increased the attention, of investors and the property industry, on the performance of property. In New Zealand, Listed Property Trusts (LPTs) and Listed Property Investment Companies (LPICs) on the NZX provide vehicles for indirect property ownership. Research into the performance of these listed property entities in relation to other investment vehicles has shown that they are competitive. However, there has been minimal research on the investment strategies of the New Zealand LPTs and LPICs. This exploratory study analysed data from public domain documents and from the results of the survey of the Managers of the listed property entities on the NZX. The results provided an overview of the composition of the combined Listed Property Entities (LPE) property portfolio, highlighted management structures, and identified the motivating and risk factors that are currently influencing LPE managers’ investment decisions, including environmental sustainability factors. The findings revealed the current and future investment strategies of the LPEs on the NZX.en
dc.format.extent1-28en
dc.language.isoenen
dc.publisherPacific Rim Real Estate Society.en
dc.relationThe original publication is available from - Pacific Rim Real Estate Society. - http://www.prres.net/en
dc.source17th Pacific Rim Real Estate Society of Conference, Gold Coast Australiaen
dc.subjectNew Zealand Stock Exchange (NZSE)en
dc.subjectinvestment strategiesen
dc.subjectproperty investmenten
dc.subjectperformanceen
dc.subjectproperty portfolioen
dc.subjectmanagement structuresen
dc.titleThe investment strategies of property trusts and property investment companies listed on the New Zealand Stock Exchange (NZX)en
dc.typeConference Contribution - Published
lu.contributor.unitLincoln Universityen
lu.contributor.unitFaculty of Agribusiness and Commerceen
lu.contributor.unitDepartment of Land Management and Systemsen
pubs.finish-date2011-01-19en
pubs.organisational-group/LU
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce
pubs.organisational-group/LU/Faculty of Agribusiness and Commerce/LAMS
pubs.publication-statusPublisheden
pubs.publisher-urlhttp://www.prres.net/en
pubs.start-date2011-01-16en
dc.publisher.placeProceedings from the PRRES Conference - 2011en
lu.subtypeConference Paperen


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