부동산투자회사의 상품 유형별 동시투자 결정요인 연구

• 영문명: A Study on the Determinants of Simultaneous Investment by Type of Products based on the REITs
• 발행기관: 대한부동산학회
• 저자명: 김상진(Kim, Sang Jin) 박윤태(Park, Yoon Tae) 권대중(Kwon, Dae Jung)
• 간행물 정보: 『대한부동산학회지』제43호, 175~195쪽, 전체 21쪽
• 주제분류: 사회과학 > 지역개발
• 파일형태: PDF
• 발행일자: 2016.12.30

영문 초록

After enactment of ｢Real Estate Investment Company Act｣ in 2001, this research investigated the REITs data using financial statements focused on C.R REITs and managed REITs from 2002 to 2015, excepted selfmanaged REITs of the insufficient sample size. It divided product types that were office and nonoffice, considering characteristics of investment product in REITs market based on review of theory and reference about REITs. It empirically analyzed determinants of simultaneous investment by products focused on significant variables of internal and financial characteristics of REITs, through reference review. Therefore, the determinants of simultaneous investment of nonoffice have more valuable financial sector in the largest shareholder and over 100 billion won in total asset, have higher total debt ratio and surplus of return on equity, the investors are more likely to select simultaneous investment. The determinants of simultaneous investment of office have higher managed REITs, more valuable over 100 billion won in total asset, have higher total debt ratio and dividend rate, the investors is more likely to select simultaneous investment.

목차

Ⅰ. 서론

Ⅱ. 이론적 고찰 및 선행연구

1. 부동산투자회사의 개념 및 현황

2. 부동산투자회사의 동시투자 특성

3. 선행연구 검토

4. 연구의 차별성

Ⅲ. 분석의 틀

1. 분석자료 및 변수 설정

2. 연구의 방법

3. 연구모형의 설정

4. 상관분석

Ⅳ. 실증분석

1. 기술통계량

2. 동시투자 유형별 특성 분석

3. 상품 유형별 특성 분석

4. 비 오피스 동시투자 결정요인 분석

5. 오피스 동시투자 결정요인 분석

6. 종합 비교

Ⅴ. 결론

키워드

REITs Simultaneous Investment Products internal and financial characteristic