부동산펀드의 운용특성 분석

• 영문명: A Study on the Characteristics of Management of Real Estate Fund
• 발행기관: 한국주거환경학회
• 저자명: 유상철(Yoo, Sang-Cheol) 방경식(Bang, Kyung-Sik)
• 간행물 정보: 『주거환경(한국주거환경학회논문집)』住居環境 제9권 제1호 (통권 제15호), 145~158쪽, 전체 14쪽
• 주제분류: 사회과학 > 지역개발
• 파일형태: PDF
• 발행일자: 2011.06.30

영문 초록

In the late 1990s, the IMF financial crisis, Korean financial institutions and corporations struggled to sell their hard assets such as office buildings, land, and real estate for increasing their liquidity. While this crisis, the concept of real estate securitization was introduced and institutionalized to meet the needs of them. However, Asset Backed Securities(ABS) including MBS and CMBS, originally designed for corporate restructuring process or for handling non-performing loans. So, those financial products have exposed limits to provide proper tools for the investors who wanted long-term indirect investment on real estate. This study is not only on theoretical approach for the basic structures and categories of real estate funds, but also on emprical analysis of asset managing styles of real estate funds in Korean financial market. Through this study, we will figure out the issues and obstacles for acceleration of real estate fund market and suggest several solutions improving it. Even though real estate fund was introduced later than other in financial products in Korean financial market, real estate fund market has growed steadily. So, it might be able to grow further if some environmental and institutional hurdles were improved.

목차

Abstract

Ⅰ. 서론

Ⅱ. 부동산펀드의 기본구조 및 형태

Ⅲ. 부동산펀드의 운용상 특성

Ⅳ. 부동산펀드의 운용상 문제점 및 개선방안

Ⅴ. 결론

참고문헌

키워드

부동산 펀드 집합투자기구 부동산증권화 Real Estate Fund Investment Trust Company Real Estate Securitization