Thesis (S.M. in Real Estate Development)--Massachusetts Institute of Technology, Program in Real Estate Development in Conjunction with the Center for Real Estate, 2012. / Cataloged from department-submitted PDF version of thesis. This electronic version was submitted and approved by the author's academic department as part of an electronic thesis pilot project. The certified thesis is available in the Institute Archives and Special Collections. / Includes bibliographical references (p. 83-87). / Real estate investment is becoming increasingly international. As China's economy rises as a major force in the world, its continuous growth in fiscal surpluses and accumulation of wealth are making up an expanding segment of the capital market. Traditionally, state-owned enterprises (SOE) and banks were important sources of international real estate investment from China; more recently, increasing high-net-worth individuals and private real estate equity funds have merged and are seeking opportunities around the world. This paper identifies the important policy indicators that are pertinent to Chinese private investors' activities in the U.S. real estate market, examines the investment landscape in both countries, gives particular attention to associated challenges, barriers and risks, and finally explores the potential business opportunities that can be recognized and turned into meaningful strategies. / by Ya Wang. / S.M.in Real Estate Development

This study offers an interpretive assessment of how a land feasibility acquisition analysis might be performed. A discussion of the process which was utilized in presenting a "data packet" of all relevant information for developing a proposed site is provided. Additionally, a discussion of possible development scenarios and several methods of valuation of the subject site was performed. Finally, an analysis and feasibility of the most likely development occurrence for the subject site is included. / Master of Architecture

Since there is segmentation and homogeneity among the real estate securities market that almost parallels that of the traditional financial capital markets, investing globally now adds new venues and outlets that were once very scarce or nonexistent to private investors less than a few decades ago. This paper will examine the various outlets that are now available to both domestic and international investors, the relationship that exists among those securities, and the present and future implications of such opportunities. The results imply that there are both strong and weak relationships across various countries in regards to their correlations, as some countries have positive and negative correlations with other various nations giving way to diversification possibilities. This information is useful to investors that wish to look beyond the borders of their nation for greater returns and diversification.

This thesis will examine the mechanisms of the protection and legal challenges of public property development within Iranian legal system. These mechanisms may be used to assist in compliance with international obligations, but the primary focus has been on domestic law, in particular the Iranian Civil Code and the Constitution. The author has investigated the various issues within the Iranian property law system from the perspective of preserving public property. By definition, public property covers a broad area, and therefore, this thesis has explored the challenges of public property in a variety of contexts and situations. Each chapter explores various legal challenges and legal cases from a unique perspective, while providing suggestion for the legislator. In many cases, the ambiguities and inefficiencies have been highlighted. In other cases, a solution is provided for the legislator to deal with a specific issue. The author has also gathered and examined various cases from Iranian Supreme Court and other legal authorities in order to study them from the perspective of public property development. This thesis has three chapters. The first chapter explores the Iranian property law system and its taxonomy and examines the classifications of property in the Iranian Civil Code. The second chapter exclusively deals with the concept of Mobahaat in the Iranian legal system and its relation to public property protection. Finally, chapter three examines public property from the perspective of Iranian Constitution law, (specifically principles 44, 45 and 49) and a few specific provisions of the Civil Code.

published_or_final_version / Housing Management / Master / Master of Housing Management

In the early 1980’s, the Chinese government launched the nationwide housing and land reform programme to tackle almost insurmountable problems in providing residential housing for its citizens and adequate business facilities to facilitate sustainable economic growth.  Real estate developers play a significant role in the reform process.  The object of this thesis is to identify the problems encountered under Chinese legislation with regard to controlling the activities of developers and suggest solutions. Chinese legislative provisions are compared with the provisions of the sophisticated American Uniform Common Interest Ownership Act and well-developed South African Sectional Titles Act. The first part of the thesis focuses on the complicated housing and land reform process in China.  The major part of the thesis focuses on the role of developers in the development, sale and initial management of the condominium scheme.  Topics discussed include the role of developers in the establishment of condominium schemes, allocation of parking spaces and the management of condominium schemes during the initial period.  Consumer protection against abuses of power on the part of developers, especially regarding the sale of condominiums in a building which is still under construction is another key focus. The author finds that under current Chinese law, the developer is neither provided with sufficient flexibility nor controlled adequately by pertinent legislation.  The most important shortcoming is that developers are not empowered to draft constitutive documents to suit the needs of their particular schemes.  Lack of a constitutive document creates disputes among developers, management agencies and unit owners over various issues, such as the boundaries between exclusive units and common areas and their individual rights and obligations.  Allowing developers to draft and register the constitutive documents would not only bind the three parties to the provision of constitutive documents but provide more flexibility to the developer.  The automatic establishment of an owners’ association after the first unit is transferred will create a channel for communication among the three parties and reduce further friction amongst them.

The subject of the thesis is the lease of real estate amended by Czech law and some aspects of the lease of real estate amended by English law. This thesis tries to provide the reader with basic information about these issues. The thesis is systematically divided into two sections- the lease of land and the lease of building firmly connected with the land. It is focused on fundamental terms such as the thing in legal sense. The question of changes in an area of lease of real estate is quite actual because of passing the new civil code in the Czech Republic. That is why the thesis contains a comparison between the effective civil code and civil code in force. It points out the most significant amendments which will become effective on 1. 1. 2014. The other purpose of this thesis is to highlight the most important aspects of legal regulation of lease of real estate in English law. The thesis compares the Czech legal regulation with English one and defines the basic differences of this issue in both countries. The thesis is structured into introduction, five elementary chapters and conclusion. Each chapter is focused on issue which directly or indirectly influences the lease of real estate. The first chapter contains the elementary terminology which is connected with the lease of real estate. It is a...

No description available.

No description available.

No description available.