{"id":21320,"date":"2023-12-06T02:38:34","date_gmt":"2023-12-06T02:38:34","guid":{"rendered":"https:\/\/masterskills.org\/blog\/reit-la-gi-dac-diem-va-tac-dong-cua-reit.html"},"modified":"2023-12-22T04:54:40","modified_gmt":"2023-12-21T21:54:40","slug":"reit-la-gi-dac-diem-va-tac-dong-cua-reit","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/reit-la-gi-dac-diem-va-tac-dong-cua-reit.html","title":{"rendered":"REIT l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m v\u00e0 t\u00e1c \u0111\u1ed9ng c\u1ee7a REIT"},"content":{"rendered":"
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V\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n m\u1ea1nh m\u1ebd c\u1ee7a n\u1ec1n kinh t\u1ebf v\u00e0 c\u00e1c lo\u1ea1i h\u00ecnh \u0111\u1ea7u t\u01b0, REIT \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng l\u00e0 ch\u1ed7 d\u1ef1a cho doanh nghi\u1ec7p b\u1ea5t \u0111\u1ed9ng s\u1ea3n. V\u1eady REIT l\u00e0 g\u00ec? N\u00f3 c\u00f3 nh\u1eefng \u0111\u1eb7c \u0111i\u1ec3m v\u00e0 t\u00e1c \u0111\u1ed9ng ra sao v\u1edbi th\u1ecb tr\u01b0\u1eddng? M\u00f4 h\u00ecnh REIT t\u1ea1i Vi\u1ec7t Nam ph\u00e1t tri\u1ec3n nh\u01b0 th\u1ebf n\u00e0o?<\/p>\n

REIT l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n
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\u201cREIT l\u00e0 c\u1ee5m t\u1eeb vi\u1ebft t\u1eaft c\u1ee7a Real Estate Investment Trust, \u0111\u01b0\u1ee3c g\u1ecdi l\u00e0 qu\u1ef9 t\u00edn th\u00e1c \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n\u201d<\/strong><\/em><\/p>\n<\/blockquote>\n

Qu\u1ef9 n\u00e0y sinh ra nh\u1eb1m m\u1ee5c \u0111\u00edch huy \u0111\u1ed9ng ti\u1ec1n nh\u00e0n r\u1ed7i c\u1ee7a nh\u1eefng c\u00e1 nh\u00e2n, t\u1ed5 ch\u1ee9c kh\u00e1c nhau. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 sau khi g\u1eedi ti\u1ec1n v\u00e0o qu\u1ef9 s\u1ebd nh\u1eadn \u0111\u01b0\u1ee3c c\u1ed5 phi\u1ebfu, ch\u1ee9ng ch\u1ec9 qu\u1ef9 \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0o c\u00e1c d\u1ef1 \u00e1n b\u1ea5t \u0111\u1ed9ng s\u1ea3n. N\u00f3i ch\u00ednh x\u00e1c h\u01a1n, c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 v\u00e0o qu\u1ef9 REIT s\u1ebd gi\u00e1n ti\u1ebfp s\u1edf h\u1eefu m\u1ed9t danh m\u1ee5c b\u1ea5t \u0111\u1ed9ng s\u1ea3n m\u00e0 kh\u00f4ng c\u1ea7n s\u1edf h\u1eefu kh\u1ed1i l\u01b0\u1ee3ng v\u1ed1n l\u1edbn. Th\u1ef1c ch\u1ea5t l\u00e0 h\u1ecd b\u1ecf ti\u1ec1n ra v\u00e0 thu\u00ea qu\u1ef9 REIT \u0111\u1ea7u t\u01b0, t\u1eeb \u0111\u00f3 thu l\u1ea1i l\u1ee3i nhu\u1eadn theo t\u1ec9 l\u1ec7 \u0103n chia quy \u0111\u1ecbnh gi\u1eefa qu\u1ef9 v\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n

REIT \u0111\u1ea7u t\u01b0 v\u00e0o r\u1ea5t nhi\u1ec1u c\u00e1c lo\u1ea1i h\u00ecnh b\u1ea5t \u0111\u1ed9ng s\u1ea3n kh\u00e1c nhau t\u1eeb chung c\u01b0, trung t\u00e2m b\u00e1n l\u1ebb, v\u0103n ph\u00f2ng, kh\u00e1ch s\u1ea1n t\u1edbi c\u01a1 s\u1edf y t\u1ebf, d\u1ecbch v\u1ee5 mua s\u1eafm, ngh\u1ec9 d\u01b0\u1ee1ng t\u1edbi trung t\u00e2m d\u1eef li\u1ec7u\u2026 T\u1ea5t nhi\u00ean, kh\u00f4ng ph\u1ea3i c\u00f4ng ty b\u1ea5t \u0111\u1ed9ng s\u1ea3n n\u00e0o c\u0169ng \u0111\u1ee7 \u0111i\u1ec1u ki\u1ec7n \u0111\u1ec3 tr\u1edf th\u00e0nh REIT. C\u00e1c c\u00f4ng ty c\u1ea7n ph\u1ea3i \u0111\u1ea3m b\u1ea3o ti\u00eau chu\u1ea9n nh\u1ea5t \u0111\u1ecbnh tr\u01b0\u1edbc khi \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean c\u00e1c s\u00e0n giao d\u1ecbch ch\u1ee9ng kho\u00e1n l\u1edbn.<\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a REIT l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n

Hi\u1ec7n nay c\u00e1c qu\u1ef9 t\u00edn th\u00e1c \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n ng\u00e0y c\u00e0ng ph\u1ed5 bi\u1ebfn, nh\u1ea5t l\u00e0 khi th\u1ecb tr\u01b0\u1eddng \u0111\u1ea7u t\u01b0 ch\u1ee9ng kho\u00e1n v\u00e0 ti\u1ec1n s\u1ed1 h\u00f3a b\u00f9ng n\u1ed5. M\u1ee5c \u0111\u00edch c\u1ee7a c\u00e1c qu\u1ef9 n\u00e0y l\u00e0 huy \u0111\u1ed9ng v\u1ed1n c\u1ee7a nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb \u0111\u1ec3 \u0111\u1ea7u t\u01b0 v\u00e0 mang l\u1ea1i l\u1ee3i nhu\u1eadn cho c\u1ea3 qu\u1ef9 v\u00e0 nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n

REIT huy \u0111\u1ed9ng \u0111\u01b0\u1ee3c ngu\u1ed3n v\u1ed1n l\u1edbn trong c\u1ea3 trung h\u1ea1n v\u00e0 d\u00e0i h\u1ea1n b\u1eb1ng c\u00e1ch ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu d\u01b0\u1edbi d\u1ea1ng giao d\u1ecbch OTC ho\u1eb7c t\u01b0 nh\u00e2n.\u00a0C\u1ed5 phi\u1ebfu c\u1ee7a REIT lu\u00f4n c\u00f3 t\u00ednh thanh kho\u1ea3n cao. V\u00ec th\u1ebf l\u1ee3i nhu\u1eadn thu nh\u1eadp b\u00ecnh qu\u00e2n h\u00e0ng n\u0103m c\u1ee7a qu\u1ef9 kh\u00e1 \u1ed5n \u0111\u1ecbnh. \u0110i\u1ec1u n\u00e0y t\u1ea1o uy t\u00edn cho REIT khi n\u00f3 mang l\u1ea1i l\u1ee3i nhu\u1eadn \u1ed5n \u0111\u1ecbnh cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n

V\u1eady n\u00f3i m\u1ed9t c\u00e1ch ch\u00ednh x\u00e1c th\u00ec \u0111\u1eb7c \u0111i\u1ec3m ch\u00ednh c\u1ee7a qu\u1ef9 REIT l\u00e0 g\u00ec? REIT c\u00f3 c\u00e1c \u0111\u1eb7c \u0111i\u1ec3m sau:<\/p>\n

Th\u1ee9 nh\u1ea5t, qu\u1ef9 t\u00edn th\u00e1c b\u1ea5t \u0111\u1ed9ng s\u1ea3n c\u00f3 t\u00ednh thanh kho\u1ea3n t\u1ed1t. H\u1ecd th\u1eadm ch\u00ed tr\u1ea3 cho c\u1ed5 \u0111\u00f4ng t\u1edbi 90% thu nh\u1eadp ch\u1ecbu thu\u1ebf c\u1ee7a h\u1ecd. REIT ch\u1ec9 gi\u1eef l\u1ea1i 10% \u0111\u1ec3 duy tr\u00ec ho\u1ea1t \u0111\u1ed9ng c\u1ee7a qu\u1ef9.<\/p>\n

\u0110\u00e2y l\u00e0 t\u1ec9 l\u1ec7 chia c\u1ed5 t\u1ee9c cao so v\u1edbi nhi\u1ec1u qu\u1ef9 \u0111\u1ea7u t\u01b0 kh\u00e1c. \u0110i\u1ec1u n\u00e0y d\u1ec5 hi\u1ec3u khi l\u1ee3i nhu\u1eadn c\u1ee7a REIT kh\u00e1 ch\u1eafc ch\u1eafn v\u00e0 n\u00f3 \u0111\u1ebfn t\u1eeb ch\u00ednh t\u00e0i s\u1ea3n b\u1ea5t \u0111\u1ed9ng s\u1ea3n cho thu\u00ea ho\u1eb7c mua b\u00e1n c\u1ee7a h\u1ecd. B\u1eb1ng c\u00e1ch n\u00e0y, qu\u1ef9 t\u1ea1o ra l\u1ee3i nhu\u1eadn v\u00e0 tr\u1ea3 cho c\u1ed5 \u0111\u00f4ng hay c\u00f2n g\u1ecdi l\u00e0 c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 d\u01b0\u1edbi d\u1ea1ng c\u1ed5 t\u1ee9c.\u00a0Ng\u01b0\u1ee3c l\u1ea1i c\u1ed5 \u0111\u00f4ng ph\u1ea3i tr\u1ea3 thu\u1ebf thu nh\u1eadp cho kho\u1ea3n c\u1ed5 t\u1ee9c m\u00e0 h\u1ecd c\u00f3 \u0111\u01b0\u1ee3c.<\/p>\n

Th\u1ee9 hai, v\u1edbi 90% l\u1ee3i nhu\u1eadn chia cho nh\u00e0 \u0111\u1ea7u t\u01b0 th\u00ec h\u00ecnh th\u1ee9c \u0111\u1ea7u t\u01b0 n\u00e0y mang t\u1edbi cho c\u1ed5 \u0111\u00f4ng l\u1ee3i nhu\u1eadn kh\u00e1 cao. Vi\u1ec7c \u0111\u1ea7u t\u01b0 v\u00e0o qu\u1ef9 r\u00f5 r\u00e0ng l\u00e0 b\u00e0i to\u00e1n c\u00f3 l\u1ee3i cho nh\u00e0 \u0111\u1ea7u t\u01b0 khi h\u1ecd ch\u1ec9 ph\u1ea3i b\u1ecf ra m\u1ee9c v\u1ed1n th\u1ea5p nh\u01b0ng kh\u1ea3 n\u0103ng sinh l\u1eddi l\u1ea1i cao h\u01a1n so v\u1edbi vi\u1ec7c c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 g\u00f3p v\u1ed1n tr\u1ef1c ti\u1ebfp v\u00e0o d\u1ef1 \u00e1n b\u1ea5t \u0111\u1ed9ng s\u1ea3n. V\u1eady n\u00ean \u0111\u00e2y l\u00e0 k\u00eanh \u0111\u1ea7u t\u01b0 \u0111\u01b0\u1ee3c r\u1ea5t nhi\u1ec1u nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n l\u1ef1a ch\u1ecdn \u0111\u1ec3 t\u0103ng l\u1ee3i nhu\u1eadn v\u00e0 gi\u1ea3m r\u1ee7i ro trong danh m\u1ee5c \u0111\u1ea7u t\u01b0 c\u1ee7a h\u1ecd.<\/p>\n

Th\u1ee9 ba, REIT chuy\u00ean nghi\u1ec7p v\u00e0 minh b\u1ea1ch. REIT kh\u00f4ng ph\u1ea3i qu\u1ef9 t\u1ef1 ph\u00e1t ho\u1eb7c tr\u00e1 h\u00ecnh. B\u1edfi kh\u00f4ng ph\u1ea3i t\u1ed5 ch\u1ee9c hay doanh nghi\u1ec7p b\u1ea5t \u0111\u1ed9ng s\u1ea3n n\u00e0o c\u0169ng s\u1ebd \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean c\u00e0ng s\u00e0n.<\/p>\n

Khi REIT \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft th\u00ec m\u1ecdi ho\u1ea1t \u0111\u1ed9ng v\u00e0 giao d\u1ecbch \u0111\u1ec1u c\u00f4ng khai v\u1edbi m\u1ee5c ti\u00eau mang l\u1ea1i l\u1ee3i nhu\u1eadn cao nh\u1ea5t cho c\u1ed5 \u0111\u1ed9ng. Do \u0111\u00f3 qu\u1ef9 ph\u1ea3i minh b\u1ea1ch v\u00e0 r\u00f5 r\u00e0ng \u0111\u1ec3 c\u00f3 th\u1ec3 thu h\u00fat \u0111\u01b0\u1ee3c ng\u01b0\u1eddi thu\u00ea hay mua c\u00e1c danh m\u1ee5c b\u1ea5t \u0111\u1ed9ng s\u1ea3n c\u1ee7a h\u1ecd. H\u1ecd c\u00f3 b\u1ed9 m\u00e1y ho\u1ea1t \u0111\u1ed9ng hi\u1ec7u qu\u1ea3 \u0111\u01b0\u1ee3c t\u1ed5 ch\u1ee9c \u0111\u01a1n gi\u1ea3n v\u00e0 c\u00f3 s\u1ef1 gi\u00e1m s\u00e1t ch\u1eb7t ch\u1ebd. \u0110i\u1ec1u n\u00e0y c\u0169ng gi\u00fap REIT x\u00e2y d\u1ef1ng l\u00f2ng tin v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0.<\/p>\n

Th\u1ee9 t\u01b0, REIT \u0111\u01b0\u1ee3c bi\u1ebft \u0111\u1ebfn l\u00e0 qu\u1ef9 \u0111a d\u1ea1ng c\u00e1c danh m\u1ee5c \u0111\u1ea7u t\u01b0 khi h\u1ecd c\u00f3 m\u1eb7t \u1edf h\u1ea7u h\u1ebft c\u00e1c ng\u00e1ch nh\u1ecf t\u1edbi l\u1edbn trong th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n. \u0110i\u1ec1u n\u00e0y gi\u00fap REIT gi\u1ea3m thi\u1ec3u \u0111\u01b0\u1ee3c r\u1ee7i ro trong \u0111\u1ea7u t\u01b0. Tuy nhi\u00ean REIT c\u0169ng c\u00f3 th\u1ebf m\u1ea1nh nh\u1ea5t v\u00e0 c\u00f3 danh m\u1ee5c \u0111\u1ea7u t\u01b0 m\u0169i nh\u1ecdn.<\/p>\n

REIT mang l\u1ea1i l\u1ee3i \u00edch l\u1edbn cho nh\u00e0 \u0111\u1ea7u t\u01b0. Nh\u1edd h\u00ecnh th\u1ee9c huy \u0111\u1ed9ng v\u1ed1n, REIT gi\u00fap b\u1ea5t k\u1ec3 t\u1ed5 ch\u1ee9c hay nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00e1 nh\u00e2n n\u00e0o \u0111\u1ec1u c\u00f3 th\u1ec3 tham gia v\u00e0o th\u1ecb tr\u01b0\u1eddng b\u1ea5t \u0111\u1ed9ng s\u1ea3n qua qu\u1ef9 REIT. T\u1ea5t nhi\u00ean c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 n\u1eafm v\u1ecb th\u1ebf kh\u00f4ng gi\u1ed1ng nhau b\u1edfi s\u1ed1 v\u1ed1n s\u1ebd quy\u1ebft \u0111\u1ecbnh t\u1ec9 l\u1ec7 s\u1edf h\u1eefu b\u1ea5t \u0111\u1ed9ng s\u1ea3n t\u01b0\u01a1ng \u1ee9ng c\u1ee7a h\u1ecd. Nh\u00e0 \u0111\u1ea7u t\u01b0 c\u0169ng kh\u00f4ng ph\u1ea3i m\u1ea5t qu\u00e1 l\u00e2u \u0111\u1ec3 nh\u1eadn \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn. Th\u1eadm ch\u00ed ngay l\u1eadp t\u1ee9c h\u1ecd c\u00f3 th\u1ec3 nh\u1eadn \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn t\u01b0\u01a1ng \u1ee9ng khi t\u00e0i s\u1ea3n c\u1ee7a qu\u1ef9 \u0111i v\u00e0o ho\u1ea1t \u0111\u1ed9ng v\u00e0 ph\u00e1t sinh l\u1ee3i nhu\u1eadn.<\/p>\n

Ph\u00e2n lo\u1ea1i v\u00e0 t\u00e1c \u0111\u1ed9ng c\u1ee7a REIT l\u00e0 g\u00ec?<\/strong><\/span><\/h2>\n

Nh\u00e0 \u0111\u1ea7u t\u01b0 c\u1ea7n t\u00ecm hi\u1ec3u r\u00f5 v\u1ec1 REIT \u0111\u1ec3 c\u00f3 l\u1ef1a ch\u1ecdn ph\u00f9 h\u1ee3p trong qu\u00e1 tr\u00ecnh \u0111\u1ea7u t\u01b0. Theo \u0111\u00f3, REIT \u0111\u01b0\u1ee3c ph\u00e2n theo d\u1ea1ng kh\u00e1c nhau.<\/p>\n

\u2013 D\u1ef1a v\u00e0o h\u00ecnh th\u1ee9c \u0111\u1ea7u t\u01b0 th\u00ec REIT c\u00f3 ba lo\u1ea1i:<\/p>\n

+ REIT khai th\u00e1c b\u1ea5t \u0111\u1ed9ng s\u1ea3n t\u1ee9c REIT s\u1ebd \u0111\u1ea7u t\u01b0 tr\u1ef1c ti\u1ebfp v\u00e0o c\u00e1c b\u1ea5t \u0111\u1ed9ng s\u1ea3n v\u00e0 thu \u0111\u01b0\u1ee3c l\u1ee3i nhu\u1eadn t\u1eeb ho\u1ea1t \u0111\u1ed9ng n\u00e0y. S\u1ed1 l\u1ee3i nhu\u1eadn thu \u0111\u01b0\u1ee3c s\u1ebd \u0111\u01b0\u1ee3c chia cho c\u1ed5 \u0111\u00f4ng theo t\u1ec9 l\u1ec7 c\u1ed5 \u0111\u00f4ng 90%, qu\u1ef9 gi\u1eef l\u1ea1i 10% l\u1ee3i nhu\u1eadn.<\/p>\n

+ REIT \u0111\u1ea7u t\u01b0 sinh l\u1eddi d\u01b0\u1edbi h\u00ecnh th\u1ee9c cho vay. T\u1ee9c l\u00e0 REIT s\u1ebd quy \u0111\u1ed9ng v\u1ed1n t\u1eeb vi\u1ec7c b\u00e1n c\u1ed5 ph\u1ea7n sau \u0111\u1ea7u t\u01b0 l\u1ea1i c\u00e1c t\u00e0i s\u1ea3n kh\u00e1c.<\/p>\n

+ REIT h\u1ed7n h\u1ee3p t\u1ee9c l\u00e0 REIT v\u1eeba \u00e1p d\u1ee5ng h\u00ecnh th\u1ee9c khai th\u00e1c l\u1ee3i nhu\u1eadn t\u1eeb ngu\u1ed3n t\u00e0i s\u1ea3n c\u1ee7a h\u1ecd l\u1eabn h\u00ecnh th\u1ee9c cho vay.<\/p>\n

Ngo\u00e0i ra, REIT c\u00f2n \u0111\u01b0\u1ee3c ph\u00e2n chia theo t\u1ed5 ch\u1ee9c. Theo \u0111\u00f3, REIT l\u00e0 c\u00f4ng ty ph\u00e1t h\u00e0nh c\u1ed5 phi\u1ebfu tr\u00ean th\u1ecb tr\u01b0\u1eddng t\u00e0i ch\u00ednh. M\u00f4 h\u00ecnh n\u00e0y chia REIT th\u00e0nh qu\u1ef9 t\u1ef1 qu\u1ea3n l\u00fd v\u00e0 REIT \u0111\u01b0\u1ee3c qu\u1ea3n l\u00fd d\u01b0\u1edbi m\u1ed9t c\u00f4ng ty b\u1ea5t \u0111\u1ed9ng s\u1ea3n.<\/p>\n

N\u1ebfu d\u1ef1a v\u00e0o c\u1ea5u tr\u00fac v\u1eadn h\u00e0nh th\u00ec REIT \u0111\u01b0\u1ee3c chia th\u00e0nh ba lo\u1ea1i: REIT truy\u1ec1n th\u1ed1ng, UPREIT v\u00e0 DOWNREIT. Trong \u0111\u00f3, REIT truy\u1ec1n th\u1ed1ng tr\u1ef1c ti\u1ebfp n\u1eafm gi\u1eef t\u00e0i s\u1ea3n c\u00f2n UPREIT v\u00e0 DOWNREIT n\u1eafm gi\u1eef t\u00e0i s\u1ea3n th\u00f4ng qua c\u00e1c \u0111\u1ed1i t\u00e1c.\u00a0<\/p>\n

V\u1edbi nhi\u1ec1u l\u1ee3i \u00edch, REIT \u0111\u00e3 ph\u00e1t tri\u1ec3n nhanh ch\u00f3ng ngay sau khi ra \u0111\u1eddi. N\u0103m 2008, REIT to\u00e0n c\u1ea7u \u0111\u00e3 \u0111\u1ea1t gi\u00e1 tr\u1ecb 604 t\u1ec9 USD \u0111\u1eb7c bi\u1ec7t th\u1ecb tr\u01b0\u1eddng M\u1ef9 ph\u00e1t tri\u1ec3n v\u1edbi t\u1ed1c \u0111\u1ed9 ch\u00f3ng m\u1eb7t chi\u1ebfm 48,7% REIT to\u00e0n c\u1ea7u v\u00e0 n\u01b0\u1edbc M\u1ef9 tr\u1edf th\u00e0nh n\u01b0\u1edbc c\u00f3 nhi\u1ec1u REIT nh\u1ea5t th\u1ebf gi\u1edbi.<\/p>\n

T\u1ea1i Vi\u1ec7t Nam, c\u00f4ng ty REIT \u0111\u1ea7u ti\u00ean t\u1ea1i Vi\u1ec7t Nam v\u00e0o th\u00e1ng 12\/2015 c\u00f3 t\u00ean TCREIT. TCREIT c\u00f3 m\u1ee9c v\u1ed1n \u0111i\u1ec1u l\u1ec7 ban \u0111\u1ea7u l\u00e0 50 t\u1ef7 \u0111\u1ed3ng, do Techcom Capital qu\u1ea3n l\u00fd v\u00e0 sau \u0111\u00f3 \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft t\u1ea1i s\u00e0n ch\u1ee9ng kho\u00e1n HOSE. V\u1edbi n\u1ec1n kinh t\u1ebf m\u1edbi m\u1edf c\u1eeda v\u00e0 s\u1ef1 thi\u1ebfu h\u1ee5t c\u00e1c ngu\u1ed3n huy \u0111\u1ed9ng v\u1ed1n \u1ed5n \u0111\u1ecbnh d\u00e0nh cho x\u00e2y d\u1ef1ng b\u1ea5t \u0111\u1ed9ng s\u1ea3n, REIT \u0111\u01b0\u1ee3c coi t\u1ea1o ra ngu\u1ed3n cung v\u1ed1n l\u1edbn \u0111\u1ed3ng th\u1eddi t\u1ea1o ra lu\u1ed3ng gi\u00f3 m\u1edbi cho s\u1ef1 ph\u00e1t tri\u1ec3n c\u1ee7a b\u1ea5t \u0111\u1ed9ng s\u1ea3n n\u01b0\u1edbc ta. Tuy nhi\u00ean v\u1eabn nhi\u1ec1u r\u00e0ng bu\u1ed9c v\u1ec1 m\u1eb7t ph\u00e1p l\u00fd n\u00ean \u0111\u1ebfn nay REIT t\u1ea1i Vi\u1ec7t Nam v\u1eabn ch\u01b0a th\u1ef1c s\u1ef1 ph\u00e1t tri\u1ec3n l\u1edbn m\u1ea1nh.<\/p>\n

Kh\u00e1i ni\u1ec7m REIT l\u00e0 g\u00ec t\u1ea1i Vi\u1ec7t Nam c\u00f2n kh\u00e1 m\u1edbi v\u00e0 qu\u1ef9 REIT c\u00f2n nhi\u1ec1u th\u00e1ch th\u1ee9c khi ho\u1ea1t \u0111\u1ed9ng. Tuy nhi\u00ean REIT lu\u00f4n \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng gi\u00fap doanh nghi\u1ec7p b\u1ea5t \u0111\u1ed9ng s\u1ea3n c\u00f3 gi\u1ea3i ph\u00e1p v\u1ed1n hi\u1ec7u qu\u1ea3. Hi v\u1ecdng chia s\u1ebb tr\u00ean cung c\u1ea5p th\u00eam th\u00f4ng tin v\u1ec1 qu\u1ef9 REIT c\u0169ng nh\u01b0 \u0111\u1eb7c \u0111i\u1ec3m v\u00e0 l\u1ee3i \u00edch c\u1ee7a n\u00f3.<\/p>\n

Nguy\u1ec5n L\u00fd<\/strong><\/p>\n

<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

V\u1edbi s\u1ef1 ph\u00e1t tri\u1ec3n m\u1ea1nh m\u1ebd c\u1ee7a n\u1ec1n kinh t\u1ebf v\u00e0 c\u00e1c lo\u1ea1i h\u00ecnh \u0111\u1ea7u t\u01b0, REIT \u0111\u01b0\u1ee3c k\u1ef3 v\u1ecdng l\u00e0 ch\u1ed7 d\u1ef1a cho doanh nghi\u1ec7p b\u1ea5t \u0111\u1ed9ng s\u1ea3n. V\u1eady REIT l\u00e0 g\u00ec? N\u00f3 c\u00f3 nh\u1eefng \u0111\u1eb7c \u0111i\u1ec3m v\u00e0 t\u00e1c \u0111\u1ed9ng ra sao v\u1edbi th\u1ecb tr\u01b0\u1eddng? M\u00f4 h\u00ecnh REIT t\u1ea1i Vi\u1ec7t Nam ph\u00e1t tri\u1ec3n nh\u01b0 th\u1ebf n\u00e0o?<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[429],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/21320"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=21320"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/21320\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=21320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=21320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=21320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}