Real Estate Investment Trust in Thailand

บทคัดย่อ

This study is about real estate investment, specifically Real Estate Investment Trusts (REITs) in Thailand. The objectives are to provide information for using in future by using the USA’s REITs as a benchmark for Thailand. With a minimal REIT history in Thailand and therefore data limitations, a quantitative methodology is not suitable, so that this body of study uses a quantitative method of analysis instead. This paper shows that future REITs growth in Thailand should be tied into three actions: a) Educating citizens and investors about REIT benefits such as a long-term tool for retirement savings, and the strength of REITs in mature and developing economies; b) Recognizing that efficient information flow results in greater transparency, which lends confidence to all investors; c) Well-managed systems and infrastructure, including transparent oversight agencies, fair rules/taxation with strong enforcement, and ongoing strategic analysis of infrastructure to ensure Thailand’s competitiveness is not limited by inefficient technologies,laws/taxes and processes. Furthermore, outcome also mentions that Thai REIT market is still very young because it was opened in 2014. Therefore, with this limited history, it is important to apply existing knowledge to Thai’s markets and to utilize successful international models. With the confidence of familiar legal structures and processes, investors will be able to make decisions based on the accurate and timely information. Therefore, this paper provides general recommendations to the market for ensuring on confidence, equity and prosperity to all investors in nearly future.