IDEAS home Printed from https://ideas.repec.org/p/arz/wpaper/eres2010_013.html
   My bibliography  Save this paper

Financing Through The System Of Securitization, Targeting Corporate Real Estate: Theoretical Findings Best Fit For Euro-Zone Economies

Author

Listed:
  • Noriko Ashiya

Abstract

This paper has two objectives: (1) to formulate a theory of financing through the system of real estate securitization as one option among various kinds of corporate real estate strategies for representative firms aiming for profit expansion; and (2) to show that the nominal interest rate as well as the rate of capital depletion would help sustain money circulation between the firm and the investors who bought the released securities. This posited result implies the importance of the role of these two factors ñ nominal interest rate and the rate of capital depletion ñ as key determinants of the robustness of such a securitization system. Note that this paper presents an analytical framework as simply as possible, so that it can present an accurate and plausible conclusion to clearly show which factor would be essential in the construction of long lasting, default-free, scheme of real estate securitization. It also examines the ramifications of the findings in a systematic manner.

Suggested Citation

  • Noriko Ashiya, 2010. "Financing Through The System Of Securitization, Targeting Corporate Real Estate: Theoretical Findings Best Fit For Euro-Zone Economies," ERES eres2010_013, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2010_013
    as

    Download full text from publisher

    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2010-013
    Download Restriction: no
    ---><---

    More about this item

    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:arz:wpaper:eres2010_013. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/eressea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.