Proceedings of the 2016 International Conference on Education, Management, Computer and Society

Investment Attractiveness of Closed-end Real Estate Investment Funds in Russia: Factor Score Evaluation

Authors
Irine S. Antonova, Olesya A. Negodina, Katrine S. Koptelova, Lubov Yu. Spitsina, Svetlana N. Popova, Danil D. Vavilov
Corresponding Author
Irine S. Antonova
Available Online January 2016.
DOI
10.2991/emcs-16.2016.221How to use a DOI?
Keywords
Closed-end investment fund; Investment attractiveness; Real estate market; Asset management company; Asset portfolio
Abstract

Closed-end real estate investment fund is currently one of the most popular instruments of collective investments in Russia. In this article, we have designed a factor score method to evaluate the investment attractiveness of closed-end real estate investment funds as the objective of the research. The method differs from others in three elements of attractiveness evaluation: the real estate market, asset management company, and asset portfolio. We suggest evaluating each element by the appropriate factors. In the research, all the factors are grouped and systemized as variable-based and attribute-based factors in the three elements of investment attractiveness. The evaluation is based on the expert scores and factor criteria. Results of the research show the differences between preferences of conservative, moderate and aggressive investors when they invest in closed-end investment fund. The desighed method serves for different types of investors to express their attitude to a specific real estate closed-end fund.

Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2016 International Conference on Education, Management, Computer and Society
Series
Advances in Computer Science Research
Publication Date
January 2016
ISBN
978-94-6252-158-2
ISSN
2352-538X
DOI
10.2991/emcs-16.2016.221How to use a DOI?
Copyright
© 2016, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Irine S. Antonova
AU  - Olesya A. Negodina
AU  - Katrine S. Koptelova
AU  - Lubov Yu. Spitsina
AU  - Svetlana N. Popova
AU  - Danil D. Vavilov
PY  - 2016/01
DA  - 2016/01
TI  - Investment Attractiveness of Closed-end Real Estate Investment Funds in Russia: Factor Score Evaluation
BT  - Proceedings of the 2016 International Conference on Education, Management, Computer and Society
PB  - Atlantis Press
SP  - 904
EP  - 907
SN  - 2352-538X
UR  - https://doi.org/10.2991/emcs-16.2016.221
DO  - 10.2991/emcs-16.2016.221
ID  - Antonova2016/01
ER  -