{"id":34899,"date":"2023-12-08T07:41:25","date_gmt":"2023-12-08T07:41:25","guid":{"rendered":"https:\/\/masterskills.org\/blog\/qui-tin-thac-dau-tu-bat-dong-san-khong-niem-yet-non-traded-reit-la-gi.html"},"modified":"2023-12-23T20:58:12","modified_gmt":"2023-12-23T13:58:12","slug":"qui-tin-thac-dau-tu-bat-dong-san-khong-niem-yet-non-traded-reit-la-gi","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/qui-tin-thac-dau-tu-bat-dong-san-khong-niem-yet-non-traded-reit-la-gi.html","title":{"rendered":"Qu\u0129 t\u00edn th\u00e1c \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n kh\u00f4ng ni\u00eam y\u1ebft (Non-Traded REIT) l\u00e0 g\u00ec?"},"content":{"rendered":"
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H\u00ecnh minh h\u1ecda. Ngu\u1ed3n: investorjunkie.com<\/i><\/p>\n<\/figcaption><\/figure>\n

Qu\u0129 t\u00edn th\u00e1c \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n kh\u00f4ng ni\u00eam y\u1ebft<\/font><\/h2>\n

Kh\u00e1i ni\u1ec7m<\/b><\/p>\n

Qu\u0129 t\u00edn th\u00e1c \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n kh\u00f4ng ni\u00eam y\u1ebft<\/b> trong ti\u1ebfng Anh l\u00e0 Non-Traded Real estate investment trust<\/b>, vi\u1ebft t\u1eaft: Non-Traded REIT<\/b>.<\/p>\n

Qu\u0129 t\u00edn th\u00e1c \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n kh\u00f4ng ni\u00eam y\u1ebft<\/b>\u00a0(REIT kh\u00f4ng ni\u00eam y\u1ebft) l\u00e0\u00a0qu\u0129 t\u00edn th\u00e1c \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n\u00a0kh\u00f4ng \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean c\u00e1c s\u00e0n giao d\u1ecbch c\u00f4ng khai. Qu\u0129 n\u00e0y gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb c\u00f3 th\u1ec3 ti\u1ebfp c\u1eadn c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n m\u00e0 h\u1ecd kh\u00f3 c\u00f3 th\u1ec3 ti\u1ebfp c\u1eadn v\u1edbi c\u00e1c l\u1ee3i \u00edch li\u00ean quan \u0111\u1ebfn thu\u1ebf.<\/p>\n

N\u1ed9i dung<\/font><\/h3>\n

REIT kh\u00f4ng ni\u00eam y\u1ebft l\u00e0 m\u1ed9t d\u1ea1ng c\u1ee7a ph\u01b0\u01a1ng ph\u00e1p \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111\u01b0\u1ee3c thi\u1ebft k\u1ebf \u0111\u1ec3 gi\u1ea3m ho\u1eb7c lo\u1ea1i b\u1ecf thu\u1ebf trong khi cung c\u1ea5p l\u1ee3i nhu\u1eadn t\u1eeb c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n.<\/p>\n

Gi\u1ed1ng nh\u01b0 qu\u0129 REIT ho\u00e1n \u0111\u1ed5i, REIT kh\u00f4ng ni\u00eam y\u1ebft ph\u1ea3i tu\u00e2n theo c\u00e1c y\u00eau c\u1ea7u c\u1ee7a IRS bao g\u1ed3m tr\u1ea3 l\u1ea1i \u00edt nh\u1ea5t 90%\u00a0thu nh\u1eadp ch\u1ecbu thu\u1ebf\u00a0cho c\u00e1c c\u1ed5 \u0111\u00f4ng. C\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 xu h\u01b0\u1edbng t\u00ecm ki\u1ebfm REITs ho\u00e1n \u0111\u1ed5i \u0111\u1ed5i v\u00e0 REITs kh\u00f4ng giao d\u1ecbch \u0111\u1ec3 ph\u00e2n b\u1ed5 thu nh\u1eadp c\u1ee7a h\u1ecd.<\/p>\n

\u0110\u1ed1i v\u1edbi c\u00e1c qu\u0129 REIT, nh\u00e0 \u0111\u1ea7u t\u01b0 cu\u1ed1i s\u1ebd th\u1ea5y thu nh\u1eadp t\u1eeb danh m\u1ee5c \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n c\u1ee7a m\u00ecnh. Trong \u0111\u00f3, ti\u1ec1n cho thu\u00ea l\u00e0 ngu\u1ed3n thu nh\u1eadp ph\u1ed5 bi\u1ebfn nh\u1ea5t. Tuy nhi\u00ean, nh\u00e0 \u0111\u1ea7u t\u01b0 c\u00f3 th\u1ec3 kh\u00f4ng bi\u1ebft c\u1ee5 th\u1ec3 c\u00e1c lo\u1ea1i t\u00e0i s\u1ea3n c\u1ee7a qu\u0129 REIT n\u1ebfu h\u1ecd \u0111\u1ea7u t\u01b0 v\u00e0o qu\u0129 n\u00e0y th\u00f4ng qu\u0129 m\u00f9 (blind pool).<\/p>\n

Do kh\u00f4ng giao d\u1ecbch tr\u00ean\u00a0th\u1ecb tr\u01b0\u1eddng th\u1ee9 c\u1ea5p, qu\u0129 REIT kh\u00f4ng ni\u00eam y\u1ebft c\u00f3 th\u1ec3 kh\u00f4ng c\u00f3 thanh kho\u1ea3n trong m\u1ed9t kho\u1ea3ng th\u1eddi gian d\u00e0i v\u00e0\u00a0ph\u00ed tham gia\u00a0cao h\u01a1n nhi\u1ec1u so v\u1edbi REIT ni\u00eam y\u1ebft, c\u00f3 th\u1ec3 l\u00ean t\u1edbi 15%. Vi\u1ec7c qu\u0129 REIT ph\u1ea3i mua l\u1ea1i c\u1ed5 ph\u1ea7n tr\u01b0\u1edbc h\u1ea1n c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn ph\u00ed cao c\u00f3, l\u00e0m gi\u1ea3m t\u1ed5ng l\u1ee3i nhu\u1eadn.<\/p>\n

M\u1eb7c d\u00f9 kh\u00f4ng \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean s\u00e0n giao d\u1ecbch ch\u1ee9ng kho\u00e1n, REIT kh\u00f4ng ni\u00eam y\u1ebft v\u1eabn ph\u1ea3i \u0111\u0103ng k\u00ed v\u1edbi\u00a0\u1ee6y ban Ch\u1ee9ng kho\u00e1n v\u00e0 S\u00e0n giao d\u1ecbch M\u1ef9\u00a0(SEC). Qu\u0129 n\u00e0y c\u0169ng \u0111\u01b0\u1ee3c y\u00eau c\u1ea7u n\u1ed9p h\u1ed3 s\u01a1, b\u00e1o c\u00e1o \u0111\u1ecbnh k\u00ec theo qui \u0111\u1ecbnh, nh\u01b0\u00a0b\u1ea3n c\u00e1o b\u1ea1ch\u00a0v\u00e0 c\u00e1c b\u00e1o c\u00e1o h\u00e0ng qu\u00ed, h\u00e0ng n\u0103m.<\/p>\n

REIT c\u00f3 th\u1ec3 kh\u00f4ng c\u00f3 thu nh\u1eadp \u1ed5n \u0111\u1ecbnh ngay t\u1eeb \u0111\u1ea7u v\u00e0 h\u1ed9i \u0111\u1ed3ng qu\u1ea3n tr\u1ecb l\u00e0 ng\u01b0\u1eddi quy\u1ebft \u0111\u1ecbnh c\u00f3 ph\u00e2n ph\u1ed1i l\u1ee3i nhu\u1eadn hay kh\u00f4ng. Vi\u1ec7c ph\u00e2n ph\u1ed1i l\u1ee3i nhu\u1eadn \u0111\u1ecbnh k\u00ec cho c\u00e1c c\u1ed5 \u0111\u00f4ng c\u00f3 th\u1ec3 \u0111\u01b0\u1ee3c tr\u1ee3 c\u1ea5p ph\u1ea7n l\u1edbn t\u1eeb c\u00e1c kho\u1ea3n vay.<\/p>\n

Nhi\u1ec1u qu\u0129 REIT kh\u00f4ng ni\u00eam y\u1ebft ch\u1ec9 c\u00f3 th\u1eddi gian ho\u1ea1t \u0111\u1ed9ng h\u1eefu h\u1ea1n. V\u00e0o cu\u1ed1i k\u00ec, REIT kh\u00f4ng ni\u00eam y\u1ebft ph\u1ea3i \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean s\u00e0n giao d\u1ecbch qu\u1ed1c gia ho\u1eb7c ph\u1ea3i thanh l\u00ed. T\u1ea1i th\u1eddi \u0111i\u1ec3m thanh l\u00ed, gi\u00e1 tr\u1ecb c\u1ee7a kho\u1ea3n \u0111\u1ea7u t\u01b0 c\u1ee7a qu\u0129 c\u00f3 th\u1ec3 \u0111\u00e3 gi\u1ea3m gi\u00e1 ho\u1eb7c tr\u1edf n\u00ean v\u00f4 gi\u00e1 tr\u1ecb.<\/p>\n

(Ngu\u1ed3n tham kh\u1ea3o: Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n Qu\u0129 t\u00edn th\u00e1c \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n kh\u00f4ng ni\u00eam y\u1ebft (ti\u1ebfng Anh: Non-Traded REIT) l\u00e0 qu\u0129 REIT kh\u00f4ng \u0111\u01b0\u1ee3c ni\u00eam y\u1ebft tr\u00ean c\u00e1c s\u00e0n giao d\u1ecbch c\u00f4ng khai, gi\u00fap c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 nh\u1ecf l\u1ebb c\u00f3 th\u1ec3 ti\u1ebfp c\u1eadn c\u00e1c kho\u1ea3n \u0111\u1ea7u t\u01b0 b\u1ea5t \u0111\u1ed9ng s\u1ea3n m\u00e0 h\u1ecd kh\u00f3 c\u00f3 th\u1ec3 ti\u1ebfp c\u1eadn.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[420],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/34899"}],"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=34899"}],"version-history":[{"count":1,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/34899\/revisions"}],"predecessor-version":[{"id":68188,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/34899\/revisions\/68188"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=34899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=34899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=34899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}