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Philip Radner analyzes equity financing phenomena and researches IPO underpricing and SEO announcement effects using data sets for US REITs. Moreover, he discusses underpricing theories and their applicability in the REIT context and gives a theoretical background on IPOs and on underpricing in particular.
Philip Radner wrote his dissertation at the Real Estate Management Institute (REMI) of the EBS Business School. He currently works in Real Estate M&A Advisory.
IPO Underpricing in the Real Estate Industry: Analytical Review of the Literature.- Textual Analysis of REIT IPO Prospectuses: Quantifying Company Rhetoric as an Indicator of Underpricing.- An Analysis of Announcement Effects of Seasoned Equity Offerings by REITs since 2008.