Abstract

Since the introduction of REITs in Korea, the size of the REITs market has gradually expanded, and it has formed an indirect investment market as an alternative investment asset for institutional and individual investors. This study conducted a survey of real estate finance and non-financial industry experts with experience in REITs investment, and analyzed using structural equation modeling. According to the analysis results, securing the stability of investment products is important, and creating a stable investment environment leads to investment performance, contributing to the scalability of investment. This is because REITs can be sensitive to changes in the capital market, and the investment environment through a stable base can be further emphasized in a situation where the economy is unstable. It can also be seen that investors are demanding a 6-8% return as an appropriate return.

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