Arbeitspapier
REITs ante portas: die Anpassung des deutschen Rechts an institutionelle Investoren in den Grundstücks- und Mietmärkten
In the US or in the UK, the presence of institutional investors in real estate markets is an old phenomenon. Specifically, Real Estate Investment Trusts are an old industry. Due to a difference in tax law, the market share of REITs in Germany has been minimal until very recently. Now the legislator has extended the tax privileges held by real estate funds to REITs, expecting that the change will make Germany an attractive place for international investors in these markets. While the effect on capital markets is planned, the German legislator has not been very attentive to likely side effects on the proper functioning of real estate law, landlord and tenant law, and zoning law. The paper analyses these effects, and points to potential legislative concerns.
- Language
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Deutsch
- Bibliographic citation
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Series: Preprints of the Max Planck Institute for Research on Collective Goods ; No. 2008,20
- Classification
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Recht
Property Law
- Subject
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Immobilienfonds
Institutioneller Anleger
Wohnungswirtschaft
Grundstücksrecht
Mietrecht
Baurecht
Deutschland
- Event
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Geistige Schöpfung
- (who)
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Engel, Christoph
- Event
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Veröffentlichung
- (who)
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Max Planck Institute for Research on Collective Goods
- (where)
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Bonn
- (when)
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2008
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Engel, Christoph
- Max Planck Institute for Research on Collective Goods
Time of origin
- 2008