摘要
法律的完善推动REITs不断成熟，REITs市场的国际化和一体化使得房地产市场超越了区域市场的局限，进入机构投资者在全球范围内的资产配置视野。与房地产信托投资讦划、房地产抵押支持证券（MBS）以及房地产股票相比，REITs具有自己的独特优势。REITs作为房地产证券化产品，具有适中的风险收益特征，与其他金融产品具有低相关性，对保险资金具有一定程度的适用性。
Legislation evolution is promoting development of REITs. And internationalization and integration of REITs has brought real estate market across borders of regional markets and into the radar of institutional investors for global asset allocation, Compared with real estate trust investment plan, MBS and real estate stocks, REITs have their own unique advantages. As a type of real estate securitization products, REITs are characterized by a medium level of risk return, low correlation to other financial vehicles and a certain level of applicability to insurance funds.
出处
《保险研究》
CSSCI
北大核心
2006年第9期60-63,共4页
Insurance Studies
