Major property investor attitudes to property securitization

Abstract

Property securitization has taken on increased importance in recent years, as institutional investors have attempted to overcome the liquidity problems associated with direct property investment and to access property assets in a more liquid format. This has seen a range of investment vehicles developed in the UK, US and Australia to meet different legal structures, tax regimes and economic circumstances. Presents the results of two surveys of major property investors in Australia to examine investor attitudes to property securitization. Key issues to emerge from these surveys are the identification of preferred ownership structures, advantages and disadvantages of property securitization, strategic investment considerations concerning property securitization and future directions for property securitization.

Citation

Newell, G. and Fife, A. (1995), "Major property investor attitudes to property securitization", Journal of Property Finance, Vol. 6 No. 2, pp. 8-19. https://doi.org/10.1108/09588689510096051