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
Deutsch

Bibliographic citation
Series: Preprints of the Max Planck Institute for Research on Collective Goods ; No. 2008,20

Classification
Recht
Property Law
Subject
Immobilienfonds
Institutioneller Anleger
Wohnungswirtschaft
Grundstücksrecht
Mietrecht
Baurecht
Deutschland

Event
Geistige Schöpfung
(who)
Engel, Christoph
Event
Veröffentlichung
(who)
Max Planck Institute for Research on Collective Goods
(where)
Bonn
(when)
2008

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
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

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