@unpublished{theses_frw3428,
            year = {2021},
           title = {Risk of retail real estate during the Covid-19 pandemic},
          author = {W. Nijboer},
             url = {https://frw.studenttheses.ub.rug.nl/3428/},
        abstract = {This research investigates the risk of retail Real Estate Investment Trusts (REITs) during the 2020 Covid-19 pandemic. It computes daily beta values for fifteen retail REITs, all from different countries, and relates these to strictness of Covid-19 policy of the same fifteen countries. Covid-19 policy strictness is proxied by daily Stringency Index values, computed by researchers at the University of Oxford. A descriptive analysis of daily retail REIT beta values and simple linear regression models is performed. The results indicate that investment risk of retail REITs rises during the Covid-19 pandemic and that investment risk of retail REITs is positively related to strictness of Covid-19 measures. The findings of this study can have implications for investors of retail REITs.}
}