브라질 오피스 빌딩의 최적 투자기구(Vehicle)에 관한 연구

• 영문명: The Study about Optimal Investment Vehicle in Brazilian Office Buildings
• 발행기관: 한국부동산학회
• 저자명: 전태욱(Jeon, Tae Wook) 유주연(Yoo, Joo Yeon) 손재영(Son, Jae Young)
• 간행물 정보: 『부동산학보』不動産學報 第51輯, 129~142쪽, 전체 14쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2012.12.31

영문 초록

1. CONTENTS (1) RESEARCH OBJECTIVES Brazilian office market offers one of the best investment opportunities in the mid-term future. However, little information flows among Korean real estate professionals. This paper intends to fill the gap by introducing various indirect investment vehicles accepted under the Brazilian law and comparing them with real world case. (2) RESEARCH METHOD Specifically, we consider three financial structures: indirect acquisition through FII (real estate investment funds), indirect acquisition through FIP (fund that invests in companies which are allowed to posses real estated properties), and direct acquisition through Limitada. The investment characteristics such as legal and tax issues are identifies and expected returns are calculated. (3) RESEARCH FINDINGS For the particular office building we are considering, we conclude that Limitada seems to be the best investment vehicle. 2. RESULTS The investment characteristics and expected return would mainly affect choosing the investment structures, and also legal and tax issues should be reviewed accurately either. Through this study, we hope investors can access to the real estate market in Brazil, for expanding real estate investment opportunities overseas.

목차

ABSTRACT

Ⅰ. 서론

Ⅱ. 브라질 부동산시장의 거시 여건

Ⅲ. 브라질 부동산 금융ㆍ투자시장

Ⅳ. 오피스 빌딩 투자 구조 비교

Ⅴ. 결론

參考文獻

키워드

브릭스 브라질오피스시장 투자상품 투자기구 펀드 BRICs Brazil office market Investment Products Investment Vehicle fund