Comparison of Real Estate Market Level and Financing Mode of Real Estate Companies
FU Jun-yi, Geerle Naren, Hongjin Yu
Abstract
Open-access reader
FU Jun-yi, Geerle Naren, Hongjin Yu
Abstract
Open-access reader
Contemporarily, with the rapid development of the real estate industry, its market needs a large number of sources of capital. At present, real estate financing mainly relies on bank loans to solve the capital needs, and a small number of large enterprises through the listing of financing. However, these financing modes alone are not enough to solve the needs of real estate enterprises for capital. This study selects countries or regions with different levels of real estate markets and compares the financing of representative real estate companies in these locations in an attempt to identify the relationship between the level of real estate markets and the financing patterns of real estate companies. According to the analysis, Sun Hung Kai Properties in Hong Kong uses a variety of new financial instruments to finance itself, D R Horton in the US has diversified its financing, and DLF in India gets most of its financing from banks. Overall, the empirical analysis will be useful for guiding further exploration of the impact of real estate market levels on corporate financing patterns.
A significance statement is not available in the OpenAlex record.
A contribution statement is not available in the OpenAlex record.
Method details are not available in the OpenAlex metadata.
Findings are not separately available in the OpenAlex metadata.
Limitations are not available in the OpenAlex metadata.
Application details are not available in the OpenAlex metadata.
Contemporarily, with the rapid development of the real estate industry, its market needs a large number of sources of capital. At present, real estate financing mainly relies on bank loans to solve the capital needs, and a small number of large enterprises through the listing of financing. However, these financing modes alone are not enough to solve the needs of real estate enterprises for capital. This study selects countries or regions with different levels of real estate markets and compares the financing of representative real estate companies in these locations in an attempt to identify the relationship between the level of real estate markets and the financing patterns of real estate companies. According to the analysis, Sun Hung Kai Properties in Hong Kong uses a variety of new financial instruments to finance itself, D R Horton in the US has diversified its financing, and DLF in India gets most of its financing from banks. Overall, the empirical analysis will be useful for guiding further exploration of the impact of real estate market levels on corporate financing patterns.
Key concepts: Real estate, Finance, Corporate Real Estate, Real estate development, Real estate investment trust, Business, Capitalization rate, Listing (finance)