Beracha, Eli; Feng, Zifeng; Hardin, William G. - 2022
performance is examined. Using a sample of U.S. equity REITs over the 1995-2020 period, we measure a REIT’s growth as the growth … growth alone is associated with stock performance. However, we show that rapidly growing REITs are associated with higher …, managerial actions and potential for improved property level performance rather than physical growth alone play major roles in …