Tài liệu INVESTING IN REITs PART 3 ppt

... rise even with no inflation whatever, as interest rates decline in a zero-inflation environment. Property values certainly increased in 20 03 04 when interest rates and inflation were at very ... for REITs. Inflation, driven by the OPEC-led explosion in oil prices, roared out of control, as evidenced by the Consumer Price Index (CPI), increasing 6 .3 percent in 19 73, 11 percent...

Ngày tải lên: 15/12/2013, 13:15

... what to invest in, you need to determine why you’re investing you need to define your investment goals. If you’re going to need those liquid assets in the next year or two, just sitting on ... 19 93 through late 20 03 were in December 19 93 (12.9 ˛) and December 1997 ( 13. 1˛), and both peaks in the ratios were followed by weak REIT stock performance the following year (in 1...

Ngày tải lên: 15/12/2013, 13:15

... other expenses $9,800 Total Expenses $30 ,792 Income before minority interests and extraordinary items $ 13, 4 23 Gain on sale of assets $6 93 APPENDIX C 33 2 A P P E N D I X C S O U R C E : B P T ... R A C K 5 0 Minority interest in operating partnership (2, 535 ) Net Income $11,581 Plus Depreciation and amortization—real estate assets $5,877 Minority interest 2,696 Less Net gain on sa...

Ngày tải lên: 15/12/2013, 13:15

... Homes 2.4 47.9% Health Care 3. 8 31 .0% Hotels 5 .3 42.7% Office 3. 1 46.5% Industrial 4.4 38 .7% Self-Storage 3. 8 32 .4% Diversified 3. 9 39 .9% choosing REITs and Watching Them Grow 198 I N ... started to grow again beginning in the latter part of 2004. Investors in this sector should expect long- term internal growth roughly in line with inflation. Office rent...

Ngày tải lên: 15/12/2013, 13:15

... attribute_instance } nonblocking_assignment ; | { attribute_instance } par_block | { attribute_instance } procedural_continuous_assignments ; | { attribute_instance } procedural_timing_control_statement ... attribute_instance } case_statement | { attribute_instance } conditional_statement | { attribute_instance } disable_statement | { attribute_instance } event_trigger | { attri...

Ngày tải lên: 15/12/2013, 03:15

... contrast, ψ n+1 j =(1+iH∆t) −1 ψ n j (19.2 .34 ) These are both first-order accurate in time, as can be seen by expanding equation (19.2 .32 ). However, neither operator in (19.2 .33 ) or (19.2 .34 ) is unitary. ... of the other kind, to drive the small-scale stuff into equilibrium. Let us now see where these distinct differencing schemes come from: Consider the following differencing of...

Ngày tải lên: 15/12/2013, 04:15

... − ··· (5.2 .3) Continued fractions frequently converge much more rapidly than power series expansions, and in a much larger domain in the complex plane (not necessarily including the domain of convergence ... Benjamin/Addison-Wesley), § 2 .3. [2] 5.2 Evaluation of Continued Fractions Continued fractions are often powerful ways of evaluating functions that occur in scientific application...

Ngày tải lên: 15/12/2013, 04:15

... cycling cliff walks boating hunting horse riding scuba diving bird- watching Copy the letter for the area of the map (A-F) and the activity against 8 to 11 in any order. Questions ... hear the instruction to do so You will hear an instruction to copy your answers against questions 8—11 in any order This means you copy your answers against numbers 8-11 in the Listening q...

Ngày tải lên: 15/12/2013, 09:15

... most REITs. Combined with the tendency of all companies’ shares, including REITs , to decline in response to rising interest rates, REIT inves - tors need to be very much aware of the interest-rate ... important in determining a REIT’s intrinsic value, as we’ve seen in Chapter 9, and thus falling asset values will often have an impact on REIT share pricing. Any significant decline...

Ngày tải lên: 15/12/2013, 13:15

Ngày tải lên: 23/12/2013, 12:15