Quatrième de couverture
With the rapid developments that are taking place in the global scale and structure of real estate markets, there are significant changes in the financial structures and processes that underpin these markets, with a far greater degree of sophistication and complexity emerging. This is clearly reflected in the real estate investmenet trusts (REIT) products now being developed in Europe and Asia, the range of unlisted products emerging in UK/Europe and the innovative financing structures being developed in many countries. Changes are also reflected in the processes and environment needed to ensure the success of these property products, including increased disclosure, corporate governance, market transparency and improved skills base. In order to work effectivley in the future dynamics of change in the real estate markets, it is increasingly important that there is a full understanding of these new investment and finance techniques and processes that can be effectively applied to the real estate markets. This helps to ensure effective investment decision–making within the property sector. Chapters are written by leading international contributors, both academic and practitioner. The context is explicitly international, with a focus on UK, Europe, Asia, Australia and the USA. The aim is to identify specific market areas to describe the key innovations, rather than simply providing a description of various geographical markets.
Biographie de l'auteur
Graeme Newell, Professor of Property Investment, School of Construction ,Property and Planning, University of Western Sydney Karen Sieracki, director of KASPAR Associates Ltd – property research