CRE sale and leaseback – Does it lead to a positive abnormal return on the lessee’s stock value on the Swedish market?
(2012) FEKH95 20121Department of Business Administration
- Abstract
- The purpose of this study is to investigate if a CRE sale and lease back transaction generates a positive abnormal return on the lessee’s stock value, by using event study methodology. Furthermore, the probable relationship between the positive abnormal return and the transaction value, as well as the cash flow is investigated by using linear regression. A short term as well as a long term perspective applied.
A short term positive abnormal return is verified as well as a short term significant relationship between the transaction value and positive abnormal return. The study shows no indication of a CRE sale and leaseback transaction having long term effects.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/2796729
- author
- Friberg, Hanna LU ; Andersson, Malin LU and Olsson, Caroline LU
- supervisor
- organization
- course
- FEKH95 20121
- year
- 2012
- type
- M2 - Bachelor Degree
- subject
- keywords
- CRE sale and leaseback, positive abnormal return, long term, short term, Sweden
- language
- Swedish
- id
- 2796729
- date added to LUP
- 2012-06-25 08:13:51
- date last changed
- 2012-06-25 08:13:51
@misc{2796729, abstract = {{The purpose of this study is to investigate if a CRE sale and lease back transaction generates a positive abnormal return on the lessee’s stock value, by using event study methodology. Furthermore, the probable relationship between the positive abnormal return and the transaction value, as well as the cash flow is investigated by using linear regression. A short term as well as a long term perspective applied. A short term positive abnormal return is verified as well as a short term significant relationship between the transaction value and positive abnormal return. The study shows no indication of a CRE sale and leaseback transaction having long term effects.}}, author = {{Friberg, Hanna and Andersson, Malin and Olsson, Caroline}}, language = {{swe}}, note = {{Student Paper}}, title = {{CRE sale and leaseback – Does it lead to a positive abnormal return on the lessee’s stock value on the Swedish market?}}, year = {{2012}}, }