Effect of Lockdowns and Vaccination on REITs return during the COVID-19 Pandemic
| dc.contributor.author | Sung, Harim | |
| dc.contributor.supervisor | Akinsomi, Kola | |
| dc.date.accessioned | 2026-07-20T12:45:09Z | |
| dc.date.issued | 2025-08 | |
| dc.department | Construction Management | |
| dc.description | A research report submitted in partial fulfilment of the requirements for the degree of Master of Architecture (Professional), to the Faculty of Engineering and Built Environment, School of School of Construction Economics and Management, University of the Witwatersrand, Johannesburg, 2025 | |
| dc.description.abstract | The Covid-19 pandemic reshaped global financial markets, and Real Estate Investment Trusts (REITs) were no exception. This study examines how Covid-19 policies influenced REIT performance across 10 global markets, focusing on vaccination rates and lockdown restrictions. The findings reveal that while vaccination rates boosted REIT performance, stricter lockdown measures had a significant negative impact. However, when analysed separately, these effects were more pronounced in developed markets, whereas emerging markets exhibited contrasting responses, highlighting variations in economic recovery. By providing a comprehensive analysis across the full sample, developed, and emerging markets, this study provides critical insights into how government interventions shaped REIT market dynamics during the pandemic. | |
| dc.description.submitter | MMM2026 | |
| dc.faculty | Faculty of Engineering and the Built Environment | |
| dc.identifier.citation | Sung, Harim. (2025). Effect of Lockdowns and Vaccination on REITs return during the COVID-19 Pandemic. [Master's dissertation, University of the Witwatersrand, Johannesburg]. WIReDSpace. https://hdl.handle.net/10539/49591 | |
| dc.identifier.uri | https://hdl.handle.net/10539/49591 | |
| dc.language.iso | en | |
| dc.publisher | University of the Witwatersrand, Johannesburg | |
| dc.rights | ©2025 University of the Witwatersrand, Johannesburg. All rights reserved. The copyright in this work vests in the University of the Witwatersrand, Johannesburg. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of University of the Witwatersrand, Johannesburg. | |
| dc.rights.holder | University of the Witwatersrand, Johannesburg | |
| dc.school | School of Construction Economics and Management | |
| dc.subject | REIT | |
| dc.subject | COVID-19 | |
| dc.subject | Vaccination Program | |
| dc.subject | Lockdown Restrictions | |
| dc.subject | UCTD | |
| dc.subject.primarysdg | SDG-3: Good health and well-being | |
| dc.subject.secondarysdg | SDG-4: Quality education | |
| dc.title | Effect of Lockdowns and Vaccination on REITs return during the COVID-19 Pandemic | |
| dc.type | Dissertation |