Major property investor attitudes to property securitization

In: Journal of Property Finance, Band 6, Heft 2, S. 8-19

Abstract

Property securitization has taken on increased importance in recent
years, as institutional investors have attempted to overcome the
liquidity problems associated with direct property investment and to
access property assets in a more liquid format. This has seen a range of
investment vehicles developed in the UK, US and Australia to meet
different legal structures, tax regimes and economic circumstances.
Presents the results of two surveys of major property investors in
Australia to examine investor attitudes to property securitization. Key
issues to emerge from these surveys are the identification of preferred
ownership structures, advantages and disadvantages of property
securitization, strategic investment considerations concerning property
securitization and future directions for property securitization.