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CAREFULLY STUDY THE INFORMATION BEFORE MAKING AN INVESTMENT DECISION: PROMINENCE OF THE SPECIFIC FACTORS TOWARD THAI PROPERTY FUND INVESTMENT |
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รหัสดีโอไอ | |
Creator | Natkawin Jiamchoatpatanakul |
Title | CAREFULLY STUDY THE INFORMATION BEFORE MAKING AN INVESTMENT DECISION: PROMINENCE OF THE SPECIFIC FACTORS TOWARD THAI PROPERTY FUND INVESTMENT |
Publisher | National Research Council of Thailand |
Publication Year | 2561 |
Journal Title | SOCIAL SCIENCE ASIA : Official Journal of National Research Council of Thailand in conjunction with ABAC Journal |
Journal Vol. | 4 |
Journal No. | 1 |
Page no. | 1 |
Keyword | REIT, Thai Property Fund, Specific Factor, Unquantified Factor, Investment Fact Sheet |
URL Website | http://e-journal.nrct.go.th/ |
Website title | e-journal |
ISSN | 2229-2608 |
Abstract | Specific characteristics are legally required to be included in an investment factsheet, but these characteristics have been less studied in academic research for both international Real Estate Investment Trusts (REITs) and Thai property funds, because some unquantified factors might limit the conduct of quantitative research. The research for this paper uses a qualitative approach and was conducted by interviewing 41 qualified experts so as to obtain their opinions about key factors involved in Property Fund investment. Classified from their opinions about fourteen issues, there are three major factors that influence investment, namely, type and market situation of the underlying property, ownership interest and lease term, and terms and conditions, and characteristics of the property fund. Only five were mainly discussed in other studies, which exhibit similar results to support the significance of such key factors. The additional nine subfactors might also be worth considering as the experts' concerns about property fund investment. Since most of the subfactors were typically stated in the investment factsheet to inform the investors in accordance with SEC regulations, the findings enhance our understanding about them and substantiate the importance of the reminder phrase "carefully study the information before making an investment decision" for property fund investment. |