An innovative capital markets instrument: real estate certificates
AuthorDönmez, Çetin Ali
MetadataShow full item record
CitationDönmez, Ç. A. (2017). An innovative capital markets instrument: real estate certificates. Açık Medeniyet, 1, 10.
Think about an instrument that directly links capital markets and real estate projects, an instrument which allows investors to buy and sell their claims or their shares on certain real estate projects in organized exchanges. These certificates will further allow investors to become the owner of a residential or commercial property using the certificates they own. Real estate certificates or real estate shares exactly serve this purpose. This instrument is intended to bring liquidity of organized exchanges to real estate market while benefiting the dynamism of real estate projects to attract a new investor base to capital markets.