Closed-end mutual real estate funds as an investment management tool

Abstract

The article deals with closed-end mutual real estate investment funds which can be used as a tool for attracting and managing financial resources of construction companies. The issues of formation of the Russian investment fund market are analyzed. The current trends and changes in the legislation on the construction industry and mutual investment funds are described. The specificity of raising funds through the real estate investment funds is revealed and factors that will affect individual projects in the real estate sector implemented through the use of closed-end real estate investment funds are determined.