Skip to main content
  • Book
  • © 2013

Real Estate Investment Trusts in Europe

Evolution, Regulation, and Opportunities for Growth

  • Presents a pan-European perspective on origins of REITs, regulatory differences

  • Country-wise analyses of different REIT regimes

  • Economic analysis on REITs and view on specific REITs-structure in Europe

  • Includes the perspective of EPRA and NAREIT

  • Introduction to European REITs based on lessons learned in mature markets around the world

  • Includes supplementary material: sn.pub/extras

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

This is a preview of subscription content, log in via an institution to check for access.

Table of contents (16 chapters)

  1. Front Matter

    Pages i-xv
  2. Setting the Context

    1. Front Matter

      Pages 1-1
    2. The Economics of REITs

      • Ramón Sotelo
      Pages 3-15
    3. The REIT in Europe: History, Opportunities, Challenges

      • Fraser Hughes, Maikel Speelman, Dominic Turnbull
      Pages 27-41
  3. The Experience of Mature REIT Markets

    1. Front Matter

      Pages 53-53
    2. Asian REITS: Growing into Maturity

      • Joseph T. L. Ooi, Woei-Chyuan Wong
      Pages 77-89
  4. European REITs

    1. Front Matter

      Pages 91-91
    2. The French REIT Market: The SIIC Regime

      • Ingrid Nappi-Choulet
      Pages 93-102
    3. German REITs: Limited Market Dynamics or Future Growth?

      • Bernhard Funk, Ramón Sotelo
      Pages 119-148
    4. Developing Benelux REITs

      • Dirk Brounen
      Pages 169-176
    5. Spanish REITs: The New Regulated SOCIMIs

      • Paloma Taltavull de La Paz, Irene Peña Cuenca
      Pages 177-194
    6. REITs: The Bulgarian Perspective

      • Kamena Valcheva
      Pages 195-207
    7. The Greek REIT Industry: Current State and Its Post Crisis Evolution

      • Theodore Mitrakos, Vasiliki Vlachostergiou, Sotiris Tsolacos
      Pages 209-223

About this book

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.

Reviews

From the book reviews:

“The book is a very useful overview of the substantial challenges and transitions the industry is facing, particularly in Europe, and goes beyond the question of tax transparency for the benefit of the interested reader. Therefore, it is a must-read for everyone in the related industry and Europe and again a very fruitful contribution from the two editors to this topic.” (Tobias Pfeffer, ZIÖ Zeitschrift für Immobilienökonomie, Journal of Interdisciplinary Property Research, Issue 1, 2014)

Editors and Affiliations

  • Bauhaus-Universität Weimar, Weimar, Germany

    Ramón Sotelo

  • University of Ulster, Belfast, United Kingdom

    Stanley McGreal

Bibliographic Information

  • Book Title: Real Estate Investment Trusts in Europe

  • Book Subtitle: Evolution, Regulation, and Opportunities for Growth

  • Editors: Ramón Sotelo, Stanley McGreal

  • DOI: https://doi.org/10.1007/978-3-642-36856-1

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Business and Economics, Economics and Finance (R0)

  • Copyright Information: Springer-Verlag Berlin Heidelberg 2013

  • Hardcover ISBN: 978-3-642-36855-4Published: 30 December 2013

  • Softcover ISBN: 978-3-662-51198-5Published: 23 August 2016

  • eBook ISBN: 978-3-642-36856-1Published: 11 December 2013

  • Edition Number: 1

  • Number of Pages: XV, 236

  • Number of Illustrations: 17 b/w illustrations, 63 illustrations in colour

  • Topics: Finance, general, Business Taxation/Tax Law, Macroeconomics/Monetary Economics//Financial Economics

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access