Analyze the Impact of REITs on the Irish Real Estate Market

DOI

10.2991/assehr.k.211209.312How to use a DOI?

Keywords

REIT; Real Estate market; COVID-19; Ireland

Abstract

In 2008, Ireland’s real estate bubble economy burst, which ushered in a real estate market crash and credit crisis in Ireland. The Irish government created the National Assets Administration (NAMA) to purchase bad real estate loans from banks to solve credit problems. In 2013, Ireland introduced the REIT law. The establishment of REIT brought sustainable activities to the real estate market. REIT has attracted many investors and reintroduced working capital to the construction industry. In 2020, COVID-19 began to spread in Ireland. The epidemic greatly limited the development of some real estate and the operation strategy of REIT. This article draws a conclusion through the qualitative analysis of REIT. REIT plays an important role in the recovery of Irish real estate market economy. At the same time, it also has a great impact on Irish real estate market. However, REIT has been established for a long time, so it is impossible to quantify its future performance with existing data.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Guolin Wang
PY  - 2021
DA  - 2021/12/15
TI  - Analyze the Impact of REITs on the Irish Real Estate Market
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 1917
EP  - 1920
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.312
DO  - 10.2991/assehr.k.211209.312
ID  - Wang2021
ER  -