International records / OpenAlex research
Does Macroeconomic Fundamentals Influence Real Estate Investment Trust Scheme (REITs) Returns in South Africa?
This study examined the nexus between volatilities in macroeconomic fundamentals and real estate investment trust scheme (REITs) returns in South Africa within the period 2013-2022. The specific objectives of this study were to determine the link between credits to private sector; gross domestic product (GDP); inflation rate (IFR); volatility in interest rates (VIR); exchange rate fluctuation (EXRF); and money supply changes (MSUP) and stock returns of REITs in South Africa. To examine the cause-effect relationships between the dependent variable and independent variables, the study employed t…
