Real Estate Investment Trusts in Europe
Shortly before of the beginning of the global financial crisis of 2008 REITs were introduced in several European countries based on their success in mature markets like the US, Australia and some Asian countries. While the history of REITs in Europe has been relatively brief, REITs are well on the way to become an industry standard as a real estate investment financial vehicle not only in Europe but throughout the developed world. This book provides both academics and decision makers an introduction to the economics of REITs beyond tax transparency, an overview of the mature REITs markets, and a closer reflection of the development of different REIT-structures in Europe including the history, regulation and markets of each country.
Presents a pan-European perspective on origins of REITs, regulatory differencesCountry-wise analyses of different REIT regimesEconomic analysis on REITs and view on specific REITs-structure in Europe Includes the perspective of EPRA and NAREITIntroduction to European REITs based on lessons learned in mature markets around the world