From risks to opportunities

Autor(en)
Verena Schweder, Andreas Mladenow, Christine Strauss
Abstrakt

Real Estate Equity Crowdfunding (REECF) enables small investments on big real estate projects through the funding by an online crowd. As there is only limited research on this novel type of financial instrument for the real estate sector, this paper investigates risks and opportunities of REECF in order to establish and improve the understanding of REECF, in particular to identify potential risks and potential opportunities that come along with an engagement in such projects. Based on traditional offline risks of capital investments, three categories of both potential risks and opportunities have been identified: market risks and opportunities, execution risks and opportunities, and agency risks and opportunities. We adopt a holistic approach, as we identified, collected and consolidated existing risks and opportunities in REECF. As a result, we introduce an up-to-date framework on real estate equity crowdfunding.

Organisation(en)
Institut für Marketing und International Business
Externe Organisation(en)
Universität Wien
Seiten
444-454
Anzahl der Seiten
11
DOI
https://doi.org/10.1007/978-3-030-59003-1_30
Publikationsdatum
09-2020
Peer-reviewed
Ja
ÖFOS 2012
502036 Risikomanagement, 502052 Betriebswirtschaftslehre, 502050 Wirtschaftsinformatik
Schlagwörter
ASJC Scopus Sachgebiete
Theoretical Computer Science, Computer Science(all)
Link zum Portal
https://ucris.univie.ac.at/portal/de/publications/from-risks-to-opportunities(1c26804c-c62c-499e-bd72-d8fced77d664).html