Rights Issues in the Property Sector

Abstract

Examines the impact of an ordinary rights issue on a property company′s capital and income gearing. Discusses the factors affecting institutional and corporate demand for equity issues at various stages of the cycle. Concludes that investors will become increasingly selective and only those companies which have an established track record, and are able to take advantage of the current market conditions, are likely to be able to use equity finance.

Citation

Moss, A. (1991), "Rights Issues in the Property Sector", Journal of Property Finance, Vol. 2 No. 2. https://doi.org/10.1108/09588689110032992