不動産証券化の現状と課題

抄録

Real estate securitization is “the structure through which an investor receives a dividend directly from a real estate profit as a return on investment.” Real estate securitization connects real estate markets to capital markets. J-REIT is financial goods that just connect real estate markets to capital markets. The appearance of J-REIT changed the environment of real estate investments dramatically. The J-REIT market is the true real estate securitization market in which a lot individual investors could participate. Real estate securitization is greatly expected to be effective in Japanese economy revival. In order to expand real estate securitization markets further from now, it is required that the market scale is expanded and to supply various goods. Moreover, it is important to improve legal systems, tax systems, etc. continuously from a viewpoint of business.