Real Estate Investment Trusts Ipo Market Performance Impact Factors Research

Real Estate Investment Trusts (REITs) has been rapidly developed in the security markets of foreign countries in recent years. REITs has not only offered a financing channel outside the bank for the real estate industry's development, but also offered a kind of investment products with stable income and low risk for investors. Public offering can help REITs collect funds for strategically expansion or buying new assets so that they will be in a predicament if the investors redeem their money when the real estate market is in a difficult position. As for the investors, public offering can make it easier for them to get approach in the real estate market. But up to now there is no REITs being publicly listed in the domestic security market so that the popularity and liquidity of REITs is not as better as other investment products such as the national debts, the stocks and so on. The cost of transfer is much higher.In 1960, to provide an investment vehicle with high liquidity in real estate market for individual investors, American Congress defined REITs first in Internal Revenue Code. In the past 40 years, REITs have been considered as reliable income producing investment vehicles with long-term growth. Besides, researchers also find that REITs are also good choices for diversifying both equity and bond portfolios. At first, we do some analysis on the history data of the REITs IPO of America. And then we do the detail research from different aspects such as the degree of the attendance of the investing organizations, the uncertainty of the value of the assets, the construction of the mode and so on. We give some better investing advice for the investors who want to get a approach in the REIT IPO market. And we hope to abstract more and more investors and investments to the REIT market.