The unprecedented addition of a Headline Real Estate Sector to GICS should have far-reaching implications for REITs.
Professor Finds Strong Effects of Leverage on REIT Values
Tim Riddiough, a professor in the Department of Real Estate and Urban Land Economics at the Wisconsin School of Business at the University of Wisconsin Madison, joined REIT.com for a video interview at REITWorld 2015: NAREIT’s Annual Convention for All Things REIT at the Wynn Las Vegas.
Riddiough discussed his recent research on the relationship between REITs and their capital structures. He explained that the motivation for the study came from the insufficient appreciation given to the value of REITs’ financial management.
