부동산 간접투자 상품에 관한 연구

부동산 간접투자상품의 유형과 제도적 특성을 살펴봤다.

ABSTRACT A Study on the Indirect Investment Products in Real Estate Since IMF (International Monetary Fund) loan(1997), with the introduction of advanced financial system, various financial products have been developed and sold in Korea. Furthermore, with the establishment of Act on indirect investment asset operation business in 2004, various indirect investment products that was developed for investing not only in stocks but also in real assets, overseas market, and etc are selling, which invited general investors from the time of mere “savings” to the new era of operating their assets with the general idea of “investment”.

The investment in real estate that had been regarded, for quite some time, to be possible only by direct investment requiring large scale of funds is now possible indirectly, too and, what is more, it also provides great portfolio effect comparing other subjects of investment. Consequently, we may well say the activation of indirect investment products is necessary for the sake of the portfolio effect and the development of indirect investment products in real estate sure enough.

This study was conducted and discussed on the assumption that the activation of indirect investment products in real estate would surely bring the insurance of transparency in domestic real estate market and portfolio effect to the investors. Begins with observing the concept of real estate finance and the types of investment products in real estate this study is followed by the analysis of the investment value through the verification of portfolio effect, the present state of domestic indirect investment in real estate and, by conducting close examination of relate laws.

In addition, this study prospects the future of indirect investment products in real estate and suggests its revitalization plan through the examination of instances in other countries.