Research Output | Dar Al-hikmah Library | IIUM Only
In this study, we employ data envelopment analysis to assess the technical efficiency andperformance of real estate investment trusts (REITs) in Singapore, for the years 2009 through 2013. We apply the Malmquist Productivity Index to express the productivity change of the REITs over time. We find that whilst most REITs have experienced efficiency i