Studia i Prace WNEiZ US

Previously: Zeszyty Naukowe Uniwersytetu Szczecińskiego. Studia i Prace WNEiZ

ISSN: 2450-7733     eISSN: 2300-4096    OAI    DOI: 10.18276/sip.2016.45/1-05
CC BY-SA   Open Access 

Issue archive / nr 45/1 2016
Funkcja funduszy inwestycyjnych w finansowaniu rynku nieruchomości
(Function of investment funds in real estate financing)

Authors: Michał Dudka
Uniwersytet Szczeciński
Keywords: real estate market real estate funds real estate financing sources of financing
Year of publication:2016
Page range:10 (67-76)
Klasyfikacja JEL: R30
Cited-by (Crossref) ?:

Abstract

One of the most characteristic features of the real estate market is high capital intensity. It means that the costs associated with the purchase or build a new facility are considerably higher than for other goods. As a result, market participants are forced to use external sources of financing. Beside foreign capital coming from instruments such as bank loans, highly developed markets invent alternative ways of raising capital. A very important form of financing in the real estate investment is to take from the market capital with the participation of investment funds, which – according to the idea of collective investment, aggregate financial resources of many investors in order to achieve one purpose.
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Bibliography

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