1. ġ ƿ﷿
ѱ ȭ, , ͳ Ȩ 3 ü ִ. 緡 ȭ̶ ä ̶ ű âǾ ̸Ʈ ǥڷ Ͽ û Ͽ Ʈ, īǪ ü ġ Ͽ.
, ô밡 ߴٰ ص ƴѵ, Һ Һȭ ȭϰ üȭ ϰ ֱ ־ ȭ ̷ ̶ ̴. ָ ٸ ȭ, ͳ, Ȩ ¶ ĵǾ ̶ ϴ. Һ ͳݿ ͼ û Ѿ ̿ ȭ ȭ ɼ ũ.
̷ ȭ ̿ܿ ſ ϸ űԼҺȭ ֵϸ 緡 ʶ߸ ó ο ź ɼ . ƿ﷿ ο â , ܼ ġ , ƴϸ â ϰ Ͻ µ Ѻ ̴.
귣 ó ʿ Һڵ ո Һdz տ ź ƿ﷿ ä Ǵȴ. ̷ ̺I&C ϰ ִ 2001ƿ﷿ ̺ ̷ ƶ̸ ֱ Һ ǰ ȭ ̷ ѱ ȸ ǰȣ ϰ ִٰ µ, ħ ǰ ̾ ƿ﷿ Ͻ ̷ ǰȣ Һ ո Һdz ̶ .
< äκ >
* Source :
2. żÿ
6 1 ֿ żÿ ̾ ƿ﷿ Ͽ. 8 120 귣带 ̱ Ը ƿ﷿ θ ѱ Ͽ. , , Ƹ, ġ ǰ귣尡 Ͽ ̺, , ġ Ͽ. ̺, , 귣 å ٰԴ Ŀ ǰ ִ ̴. 120 귣 9:1 ̴.
<żÿ 䵵>
귣 ̰ ִµ 25%~65%̰ 40% ̴. 귣 Ⱓ ̰ ִµ , 6 ̿ǰ 30~40%, 1 ̻ 50~60% Ѵٰ Ѵ.
б ÿ Ƽ (Chelsea Property Group) 50%, ż谡 25%, ż ͳų 25% ϰ ִµ, ż谡 ż ͳų 65%ϰ Ƿ ż 41% ִ ̴.
żÿ ù ָ ټ ǰ ұϰ 19 ٳబٰ Ѵ. 켱 Ϸ 5 31 ż VIP 翡 5 湮 10 ؿ ÷ ϰ ָ 19 湮߰ ġ 2迡 ̸ٰ Ѵ. , ް, , MCM, Ƹ, , , , ζη, ġ 10 귣带 ߴ. ż ̾ ƿ﷿ 30% ȮϿ 귣 170 ø ֳ λ żÿ 2,3ȣ ȹ ִٰ Ѵ. ż 1,500~2,000 Net 6.5% ϰ ִ. ٸ 2008 98 ε 25% ϸ й 24 ϴ. ٸ ż迡 ͱ ̹ϴٰ ִ.
3. ÿ Ƽ (Chelsea Property Group)
ÿ Ƽ (Chelsea Property Group) ƿ﷿ ̴. 1993 ǰŷҿ Ǿ 2004 ̸ Ƽ (Simon Property Group, NYSE : SPG) պǾ 100%ȸ ԵǾ. Űݾ 50ҿ Ͽ. ̱, Ϻ, ߽, ѱ 43 ̾ ƿ﷿ ϰ ִ. Ϻ 1999 ÿ 40% ϰ ְ , ī, , ıī 5 ̾ ƿ﷿ ϰ ִ.
2004 ÿƼ μ ̸ Ƽ (Simon Property Group, NYSE : SPG) ̱ ε üμ θ, ̾ ƿ﷿ , м , ȭͻ, ؿܺε ϸ ̱ 323 ε θ, 53 μ, ƽþƿ 6 ϰ ִ. ǰŷҿ Ǿ ִ 106 ðѾ 488 ̸.
2001 ̸ְ ð Ѿ S&P500 FTSE NAREIT Equity REIT ũ ƿ ִ. ̴ Ȯ븦 ⼺ ٰԴ Ŀ ȭ Ȯ밡 ̶ֿ Ǵܵȴ.
̱ θ 귣, 忡 ŸƮ ٴ Ǵ̴. ټ̳ ǰ ҽĽų Ѻ ϰڴ. Һ پѾ ,ȭ Ͽ , Ͻ Ŀٶ Һȭ â 鼭 嵿 Ȯؾ Ѵ. ǰ ̾ ƿ﷿̶ ű Ͻ 귣 پ ǰ, ո Һڵ鿡 ο Һ ȭ Ѻ ʿ伺 ִ. ̸Ʈ Ÿ ڸ ̽ ż New Business żÿÿ ̷Ӵ. ϴ ż ũ ʰ üμ 귣 ȭ űԽ ȿ, 25% ϰ ִ ż ͳųΰ żǪý, Ÿڸƿ óȿ Ǵ ̴
ýϴ.