Article Information |
Journal: |
Business and Economics Research Journal |
Title of Article: |
A Research on Real Estate Investment Fund Managers in Turkey |
Author(s): |
Gulnaz Sengul Gunes, Harun Tanrivermis |
Volume: |
11 |
Number: |
2 |
Year: |
2020 |
Page: |
431-444 |
ISSN: |
2619-9491 |
DOI Number: |
10.20409/berj.2020.259 |
|
Abstract |
The importance of this research is to examine real estate investment funds (REIF) which is a new capital market instrument in Turkey. For this purpose, it is evaluated the development and current situation of REIF which are capital market instruments based on the results of stakeholder interviews and secondary data. In-depth interview technique was used in collecting research data, and ensured to examine REIFs and application problems in Turkey, the country’s economy, their contribution to the construction and real estate sector, the advantages and disadvantages with directed open-ended questions about the investigation to managers with face-to-face interviews. As a conclusion, this new investment vehicle has foreseen further developed in the following years which is relatively new in Turkey and it will be possible to increase the Real Estate Development and Management specialists working in REIFs, risk and investment analysis as well as other vehicles based on real estate and to contribute the development of problem resolution and funds by ensuring that the funds are employed in the institutions which are the stakeholders. |
Keywords: |
Real Estate Investment Funds, Capital Markets, Real Estate Finance |
|
JEL Classification: |
G10, G11, G18, G23 |
|