Japan has experience reviving its real estate market through the introduction of securitization, and this could work for farmland even though farmland in Japan operates under different property regulations than office buildings and residences. However, farmland usage and its activation would...

Japan has experience reviving its real estate market through the introduction of securitization, and this could work for farmland even though farmland in Japan operates under different property regulations than office buildings and residences. However, farmland usage and its activation would...

This study presents a simple formula for the gains from sale and leaseback transactions, based on the traditional theory of a firm. A typical firm, which intends to sell ?% of its whole capital to the SPC and retain the benefits of its location through a tenancy, will be taken as an example. It...

In literature, it is accepted as fact that compulsory purchase and compensation problems are associated with the level of infrastructure development; this paper will try to link these compensation problems and the level of infrastructure development. For this purpose, firstly, it will formulate...

This study formulates Prusa's (1992) theory that anti-dumping regulations facilitate the formation of cartels between an exporter and import-competing firms. It demonstrates that interest rates and product differentiation are two key factors that may determine the robustness of the cartels. It...

It is widely accepted that REITs provide a range of important benefits to companies and investors; if listed on the main market of the stock exchange, they also provide all the other usual benefits associated with the equity market such as access to new investors/capital, tax transparency,...

This paper has two objectives: (1) to formulate a theory of financing through the system of real estate securitization as one option among various kinds of corporate real estate strategies for representative firms aiming for profit expansion; and (2) to show that the nominal interest rate as...