Selection of the organisation mode for international property investments

Author:

Falkenbach Heidi

Abstract

PurposeThis paper aims to identify different organisation modes for international property investments and analyse the rationales for selecting each mode.Design/methodology/approachThe paper reports the findings of an interview study conducted among international investors in the Finnish property market.FindingsThe study identifies four main organisation modes for international property investments, the selection of each mode being dependent of the investors' perception of the informational barriers and local nature of the property market. Most of the interviewed investors also apply the same strategy in other markets they invest in, and thus the selection of the organisation mode seems not to be very dependent on the characteristics of the investment market.Research limitations/implicationsThe paper analyses the organisation modes and their selection criteria only in the Finnish market.Practical implicationsThe study indicates that informational barriers are still of major concern for the investors entering foreign markets. Thus, activities contributing to lowering these barriers would be beneficial for those markets wanting to attract international property investments.Originality/valueThe study is the first to analyse the organisation modes of international property investors.

Publisher

Emerald

Subject

Business, Management and Accounting (miscellaneous),Finance

Reference10 articles.

1. Catella (2005), Catella Market Review, Catella Property Oy, Helsinki, Autumn.

2. Catella (2008), Catella Market Review, Catella Property Oy, Helsinki, Autumn.

3. CB Richard Ellis (2009), Market View: European Investments. Q4 2008, CB Richard Ellis, London.

4. KTI (2008), The Finnish Property Market 2008, KTI, Helsinki.

5. Lizieri, C. and Finlay, L. (1995), “International property portfolio strategies: problems and opportunities”, Journal of Property Valuation and Investment, Vol. 13 No. 1, pp. 6‐19.

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3