Author(s)

Haijia Li, Qiwei Zhao, Liangbing Yang

Corresponding Author

Qiwei Zhao

Abstract

Real Estate Investment Trust (REITs) is the most popular pathe of real estate asset securitization. Nowadays, the oversea REITs attach importance on the real estate properties in China increasingly, and the Chinese market is get ready to develop local REITs. They all need professional institutions to manage the REITs’ properties in China. This paper observes empirical capability evaluation indexes to judge what kind of property management company may upgrading to excellent REITs asset service institutions during field survey. Meanwhile, through regressive data analysis of the REITs listed on the American market, and the property management companies listed on the Chinese market and the NEEQ (National Equities Exchange and Quotations), the validity of these empirical capability evaluation indexes is verified.

Keywords

REITs; real estate operation management; asset service institution