Title Analysis of Value for Ownership Conversion in the Public Rental Housing REITs According to Real Option Scenarios Reflecting Macroeconomic Variables
Authors XUAN Meiyu ; Jang, Mi Kyoung ; QUAN Junlong ; Kim, JuHyong
DOI http://dx.doi.org/10.6106/KJCEM.2017.18.3.074
Page pp.74-83
ISSN 2005-6095
Keywords Public Rental Housing REITs ; Ownership Conversion ; Real Option ; Binomial Option Value ; Macroeconomic Variable
Abstract The recently introduced public rental housing REITs was just different the business structure from the existing public rental housing system and the basic supply system is the same. So the ownership conversion for public house over 10 years rental duratio