부동산투자회사(REITS)의 활성화 방안에 관한 연구

• 영문명: A Study on the Improvement System of RETIS Development
• 발행기관: 한국부동산학회
• 저자명: 장동훈(Jang Dong Hoon) 김형식(Kim Hyeong Sik) 도희섭(Do Hee Seob)
• 간행물 정보: 『부동산학보』不動産學報 第28輯, 101~121쪽, 전체 21쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2006.12.01

영문 초록

  1. CONTENTS
  (1) RESEARCH OBJECTIVES
  Most researchers have dealt with problems of systems between July 2001 and June 2005 and improvement schemes and provided a plan to activate real estate investment trusts (REITs) from the theoretical respect through a comparison with foreign systems or conducted a survey with those concerned in REITs or with ordinary people to present relevant problems and improvement schemes.
  This study aimed at conducting a survey with experts in real estate works to find out the course of policies for REITs in the indirect investment market for real estate, present relevant problems and the future development course, and draw up a plan for balanced activation of company restructuring real estate investment trusts (CR-REITs) and Korea real estate investment trusts (K-REITs) rather than the current systems based on the establishment of CR-REITs alone.
  (2) RESEARCH METHOD
  Frequency analysis through questionnaire survey
  (3) RESEARCH RESULTS
  Since it is necessary to improve the current systems to activate K-REITs, sampling was performed for questionnaires, considering that it would be desirable to examine the actual condition with experts in REITs rather than ordinary people investing in REITs without expertise in terms of institutional improvement.
  A sample was mainly constructed of banks that were institutional investors as financial institutions participating in the establishment and that were in charge of public share selection, financial corporations in charge of financial and legal advices for REITs, and experts in real estate at research institutions.
  In collecting data, a visit or mailing was made to allow respondents to complete a questionnaire personally.
  Of the questionnaires distributed, valid ones went through fact-finding analysis based on frequency analysis to identify general characteristics through responses to each question in the questionnaire by using statistical package for social sciences (SPSS 13.0).
  2. RESULTS
  To put the results together, it is necessary to improve profitability by permitting autonomy rather than regulations on the basis of stability in order to improve many problems and activate the systems of REITs that are indirect investment systems in which a lot of investors participate in terms of establishment, property management, and taxation.
  In solving these problems, the Korean REITs system will be activated in its early stage if REITs are regarded as paper companies and thus admitted as conduit so that investors in REITs can get more return on investment through reduction and exemption of taxes such as a corporation tax.

목차

ABSTRACT
Ⅰ. 서론
Ⅱ. 부동산신탁제도(REITS)의 이론적 고찰
Ⅲ. 부동산투자회사의 실태분석
Ⅳ. 부동산투자회사의 활성화 방안
Ⅴ. 결론
參考文獻

키워드

K-REITS CR-REITS investment real estate market frequency analysis