caa a22 4500 445316446 CHVBK 20180317142649.0 cr unu---uuuuu 170323e20110701xx s 000 0 eng 10.1007/s11146-010-9285-9 doi (NATIONALLICENCE)springer-10.1007/s11146-010-9285-9 Seasoned Equity Issuance by Japan and Singapore REITs [Elektronische Daten] [Seow Ong, Joseph Ooi, Yuichiro Kawaguichi] This paper examines the effects of market conditions and asset acquisitions on announcement returns and the probability of equity offerings by REITs in Japan and Singapore. The Asian experience is interesting given the prevalence of yield accretive strategies, but more so, we establish that past acquisitions have a significant effect on the probability of equity offering, over and beyond the effect of debt and market conditions. A contemporaneous acquisition announcement mitigates the negative price effect of the SEO announcement. We also find that equity clustering affects market reaction and SEO issuance. Springer Science+Business Media, LLC, 2010 SEO nationallicence REIT nationallicence Acquisition nationallicence Ong Seow National University of Singapore, Singapore, Singapore aut Ooi Joseph National University of Singapore, Singapore, Singapore aut Kawaguichi Yuichiro Waseda University, Tokyo, Japan aut The Journal of Real Estate Finance and Economics Springer US; http://www.springer-ny.com 43/1-2(2011-07-01), 205-220 0895-5638 43:1-2<205 2011 43 11146 https://doi.org/10.1007/s11146-010-9285-9 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s11146-010-9285-9 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Ong Seow National University of Singapore, Singapore, Singapore aut NATIONALLICENCE 700 1- Ooi Joseph National University of Singapore, Singapore, Singapore aut NATIONALLICENCE 700 1- Kawaguichi Yuichiro Waseda University, Tokyo, Japan aut NATIONALLICENCE 773 0- The Journal of Real Estate Finance and Economics Springer US; http://www.springer-ny.com 43/1-2(2011-07-01), 205-220 0895-5638 43:1-2<205 2011 43 11146 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer