KR20010008020A - Security Transactions Method For Investing Fund Of Real Estate Development Project - Google Patents

Abstract

PURPOSE: A stock transaction method for an estate development project is provided to enable a construction company or an estate development company to offer stocks for subscriptions to draw investment money, and allow investors to transact the stocks via a public stock exchange organization. CONSTITUTION: A stock transaction method for an estate development project comprises the steps of allowing investors to easily access a server computer, installed in a stock exchange agent organization, via a wireless or wired terminal over the internet(302), the investors receiving a membership approval from the stock exchange agent organization(303), accessing a main page(304), transacting stocks by selecting a sale or a purchase menu(305,306), checking a transaction result or the balance of accounts(307), the server computer notifying the investors of each estate development proceeding state(308), and the server computer notifying the investors of various investment information(309).

Description

Security Transactions Method For Investing Fund Of Real Estate Development Project

The present invention is to activate the development of real estate and to solve the difficulties of construction companies, which is a method of effectively brokering and investing healthy suppliers and buyers of funds required for real estate development.

Until now, investment in real estate by the re-tech method has used large amounts of money to buy land and buildings for a certain period of time, and then sell back when the spot value of the real estate increases, thereby generating profits from the market profit. Therefore, small investors are reluctant to invest in real estate because of the limitations of large investments and the liquidity of funds.

In addition, builders, the principals of real estate development, have resulted in insolvent construction due to chronic fund shortages in real estate development projects, and most of the profit structure also depends on public investment construction orders from public institutions. It is a necessary situation.

For this reason, as of October 2000, the government is also enacting legislation on real estate investment companies under the Ministry of Education and Finance and Real Estate Trust Management under the supervision of the Ministry of Finance.

A real estate investment company is similar to the US real estate investment trust (RIETS) system, which invests in disposing of real estate, improving the development and management of real estate, renting real estate, and buying and selling real estate-related securities. As a shareholder of a real estate investment company and the listing of the real estate investment company takes place after a certain period of time, it is possible to make a small investment and improve the liquidation of the capital, but it is listed on the stock market two years after the establishment despite the burden of initial capital of 100 billion won. In this regard, the real estate market may be disrupted due to the difficulty of real estate investment companies, and it is difficult to secure transparency in internal transactions through self-managed asset management, and the profits are mixed, so the returns are mixed.

Real estate investment managers are similar to the contractual real estate investment trust (RIETS) system in the United States, and invest in real estate or securities and loans related to real estate or real estate development, purchase, etc. Purchases of securities and distribution of revenue generated after a certain period of time have passed. Because of the nature of individual funds, it is possible to make small investments and have a wide choice of investments.

In the end, the two schemes are based on the US RIERTS scheme, which includes asset management, leasing, financial investment, construction and engineering, and legal divisions, and is somewhat unsuitable for Korea, which lacks experience in real estate development. In the midst of the real estate development project, it has the characteristics of indirect financial market rather than direct financial market because it does not directly connect with the consumer. In addition, since it is likely to be limited to investment profits because it is a real estate investment method through a company, there are many difficulties in resolving the inherent capital shortage of construction companies and real estate developers. In the investor's position, regardless of whether the project is successful or not, the investment returns are generated by the profits of the good and the bad, so there is no differentiation from existing stock investors. Since the investment promotion method is adopted, legal supplementation on the stability of investment is very important.

Therefore, the two systems are not the best way to stimulate the real estate market.

The present invention sees the subject of real estate development as a construction company (102) and a real estate developer (102) in order to solve the above problems, the real estate developer is a business by real estate development project 108 as part of its own profit scheme After analyzing, securities invested in the real estate development project 108 in order to solve the difficulties of construction and to increase the liquidity and cash flow of the investment funds by conspiracy the investment funds in the form of securities 101 for the project 108 101) allows the investor 106 to create a public exchange 104 that can be traded in real time and authorizes the securities 101 transiter 105 to facilitate the ordering of the securities 101 and the overall transaction above. It is a real estate activation method that securitizes the value of real estate by forming an organic market with a public supervisory authority (103) for supervising and managing an investment advisory company (107) serving as an investment guide. In addition, since the securities 101 are a direct investment method for a real estate development project 108 performed by a real estate developer, not a company, the securities 101 have different characteristics from stocks granted in the form of shareholder rights by investing in a listed company. For this reason, it is more preferable to operate a separate and independent market for the securities 101.

1 is a system diagram showing an organic component of the present invention

Figure 2 is a system diagram showing a real-time ordering system of the broker among the components of the present invention

Figure 3 is a flow chart showing the procedure of the Internet real-time order service of the broker among the components of the present invention

Hereinafter, new terms will be defined and described in order to give examples of the accompanying drawings and specific configurations.

First, securities (101) are securities (101) that recognize the property rights received by the following investees in funding for the real estate development project 108 of the following exchange construction company (102); The exchange construction company 102 is a construction company and a real estate development company that constructs or manages the real estate development project 108, and has completed the certification of the following rights management committee 103 and listed on the following exchange of stocks; The Commission for Management of Rights (103) is a public agency that reviews and decides on the issue, management and fair dealing of the right (101) and the supervision of the authority concerned. Present qualifications and audit and certification of qualifications; The right exchange (104) is a market for systematically and continuously trading the right (101) in the form of securities; a public institution in charge of fair price formation, stable and smooth trading of the right (101); The real estate ownership investment company 105 is a broker of funds of the following rights investor 106 for the individual real estate development project 108 of the exchange construction company 102 to obtain a profit of a fee or directly to the real estate development project 108. Investors are also profitable and are in charge of public offering for the individual real estate development project 108 of the exchange construction company 102; The right investor (106) is the exchange for the purpose of subscribing to a public offering for the real estate development project (108) or by buying or selling the right (101) and thereby making a profit or a dividend according to the completion of the real estate development project (108). A fund provider collectively representing the small investor and the like investing in the individual property development project 108 of the construction company 102;

The right to investment advisory company 107 is responsible for investing in the right to advise the right to invest the right of the right investor 106, or invested in the right 101 under the responsibility of the investor 106, and has a right to invest in the right to invest in the right; The project 108 is a single real estate development item to be developed by the exchange construction company 102, and the task and region name to be achieved through development may be the name of the project.

To reorganize the components of the transaction of the right (101) defined above, the right (101), the exchange construction company 102, the right exchange (104), the right management board (103), the right investor (106), the right investment advisory company 107, project 108, and the like. The above defined names may be changed to communicate in a more clear sense, and the main tasks and definitions will need to be revised and supplemented to facilitate the smooth trade of transactions, and detailed rights-related institutions and companies may be derived or defined for more complete trade of rights. have.

A more detailed example of the right transaction by the definition defined above will be described below with reference to FIG. 1 below.

First, the Authority Management Committee (103) selects an exchange construction contractor (102) suitable for investment of the rights investor (106) by creating qualifications of the contractor and the real estate developer who can be listed on the authority exchange (104). do. Through the list of the listed companies on the exchange management board 103, it is possible to avoid poor construction companies and foster and develop construction companies with sound capital structure and construction ability.

The construction company and the real estate developer listed as an exchange construction company 102 executes the open space 101 contest for the real estate development project 108 which is executed separately. According to the construction amount, size, and expected profit of the construction, the number of public land (101) competitions should be determined, and at least a certain portion must be retained by the exchange construction company (102). And sales.

The investment method for the thorough individual project 108, rather than the investment method for the exchange builder 102, can prevent the accompanying loss caused by other insolvent projects, thereby increasing the stability of the investment and We can facilitate fund supply for the construction of

The landlord investor 106 who purchases the land right 101 through the subscription of the competition can trade the land right 101 in real time on the land exchange 104, and smoothly brokers and orders the real estate land investment company 105. For this purpose, the real estate rights investment company 105 provides computer network systems and internet services to the rights investor 106 so that the sale of the rights 101 can be performed in real time. Create an account for the transaction and pay the commission for the brokerage.

The real estate ownership investment company 105 may earn profits by directly investing in the individual projects 108 of the exchange construction company 102 in addition to the profits of commissions through the brokerage, ordering and collusion of the land ownership 101. Various real estate financial products can be sold to general investors.

The real-time online transaction ordering system of the real estate property investment company 105 is connected to the Internet network 203 and 301 through the wired / wireless communication 202 as shown in FIGS. 2 and 3. Connecting (302) to 201; A step 303 of authenticating that the real estate property investment company 105 is a member; Accessing the main screen and receiving information on an exchange construction company 102 name, a project 108 name, a current price of the right of the land 101, a trading amount, an order selling amount, and a buying amount (304); Selecting items for the right and right sale and inputting items of purchase or sale, quantity, price, etc. (305) (306); Confirming the conclusion result and the balance 307; The landlord investor receives information on the progress and progress of the project in real time using the VOD system 309 (308); Company news, market analysis, investment strategy and the step of receiving a variety of information about the investment of the right (310), etc. If necessary, the right investor 106 receives advice from the right investment advisory company (107) or the right (101) Transactions can be delegated and a fee must be paid to the KIPO.

As the form of securities as described above, the stock exchange 104 plays a role so that it can form a fair price, stabilize and smooth trade in the market systematically and continuously. The Authority's Management Committee (103) is responsible for deciding and deciding the matters concerning the supervision of transactions and the authority of the relevant authority and creating, reviewing and certifying the qualifications of the exchange builder (102) to be listed on the Authority's exchange (104). Perform.

If a project 108 usually takes a period of two to five years, sovereign investors 106 can freely trade with others and gain profits from the market through a series of sales and purchases.

The type of the right 101 issued by the exchange builder 102 for the project 108 may be divided into two or more types 101 according to the nature of the project 108. After completion, there may be a right (101) to divide the profits generated by the sale of the completed real estate, and after completion, the right to lease and interest (the right to divide the profits generated by renting or leasing the property). There may be 101), and there may be various types of rights 101 according to the nature of dividends or two types of rights according to the needs.

Therefore, when the project 101 is completed after 2 to 5 years, the right investor 106 who owns the right 101 according to the development and sale will receive dividends generated and receive the right to rent and interest. The right investor 106 may continue to receive dividends and interest income in the form of beneficiary certificates and repurchase them after holding for a certain period of time.

In the case of the development and sale of land rights 101, the process of incineration of all land rights 101 traded at the time of completion of the project 108 is followed, which may reduce the purchase tax of land rights 101. As the investor 106 who owns the right to develop and sell according to the development and sale may get a loss, as a supplementary measure, the right to develop and sell the right to the point when the project 108 is completed and the right to incinerate the right 101 is incinerated. Investor 106 who owns the right grants priority to a certain purchase in the project 108 that the exchange construction company 102 proposes in the next competition. To compensate for the shortcomings of 101.

In this way, by categorizing the types of intellectual property 101 according to the characteristics of the project 108, investors can obtain stability and profitability at the same time, and the profit generated after the completion of the project 108 can be reinvested in the construction of another project 108. So the real estate development industry will be active.

In addition, the subject of real estate development is the construction company (102) and the real estate developer (102), and a sound company selects a healthy company and contributing construction funds to investors (106) for individual real estate development projects. It can not only solve the inherent capital shortages of construction companies, but also increase the value of real estate by activating real estate investment, and completely solve the problem of money repayment, liquidity, and speculation of the disadvantage of real estate investment.

If the development of investment fund by each project is further complementary, it is possible to apply not only the real estate development field but also the high-tech manufacturing field such as semiconductor and biotechnology.

As described above, according to the present invention, the subject of the real estate development is the construction company 102 and the real estate development company 102, and the public supervisory authority 103 selects a sound company and constructs the construction funds to the individual real estate development project 108. By contributing to the investor 106, not only can solve the inherent capital shortage of the construction company 102 due to construction, but also it can increase the value of the real estate by activating the real estate investment, and the large amount of money, money back, It can completely solve the problem of liquidity and speculation.

In addition, securitization of funds in real estate development makes it easier to attract small investments and foreign capital, and stock investment is more susceptible to bad news than good news. Securities trading is an investment in individual projects 108 on an independent and differentiated exchange 104 from the existing stock trading market. It is easy to generate favorable factors in accordance with development conditions of the market, which can ensure the stability of investment. Since the funds required for development can be attracted through public offering, the profit structure and capital structure of the construction company 102 can be converted into an active profit form based on the self-development plan of the construction company 102, rather than a passive profit form by the ordering of air ducts. I can make it well. In particular, the official supervisory authority 103 should define, review and certify the qualifications for the performers of real estate development projects 108 to foster poor construction companies and foster them into construction companies 102 with sound capital structure and construction ability. As a result, it is possible to link up to the overseas real estate development project 108 with a solid construction power and smooth supply of funds of the domestic construction company (102).

If the classification of securities 101 for real estate development projects is classified according to the nature of the project 108, stability and profitability can be obtained simultaneously from the position of the investor 106, and even after the completion of the project 108 from the perspective of the developer 102. Since the proceeds can be reinvested in the construction of other projects 106, the real estate development industry will be activated because both the investor 106 and the developer 102 of the fund can generate profits.

The overall organic relationship with the real estate development project 108 is very similar to the stock trading system, which is easy for investors to understand and access, and if the existing stock trading system is used, the operating system has already been verified. You can immediately create and apply an investment market.

Above all, the real estate market is stagnant and the bank's low interest rates and stock market instability are emerging as social and national issues, and it is expected to have a significant impact on the national economic development by presenting a sound direction for real estate activation and investment.

Claims (18)

In order to raise funds for the real estate development project 108, the following investors 106 receive the property in return for investing in the fund raising for the real estate development project 108 of the following contractor 102 and real estate developer 102: Securities 101 for which rights are recognized; A construction company 102 and a real estate developer 102 who have completed the certification of the public supervisory agency 103 and listed on the public exchange 104 listed below as a company that constructs or manages the real estate development project 108; Present the qualifications of the construction company (102) and the real estate developer (102) who can issue the securities (101), examine and verify the qualifications, and issue, manage, and fair the securities (101). A public supervisory authority (103) for reviewing and deciding on the transactions and supervisory matters of the related authorities for the securities (101); A public exchange 104 for systematically and continuously trading the securities 101 in the form of securities and in charge of fair price formation, stable and smooth trading of the securities; Brokerage of the following investor 106 for the individual real estate development project 108 of the builder 102 and the real estate developer 102 to obtain the profit of commission or invest directly in the real estate development project. An intermediary company 105 which is also in charge of a public offering for the individual real estate development project 106 of the construction company 102 and the real estate developer 102; The contractor 102 may apply for a public offering for the real estate development project 108 or purchase or sell the securities 101 and thereby obtain a market profit or dividend income from the completion of the real estate development project 108. And an investor 106 collectively referred to as a small investor who finances an individual real estate development project 108 executed by the real estate developer 102. An investor advisory firm (107) in charge of investing in the securities (101) for advice on investment decisions of the securities (101) of the investor (106) or under the responsibility of the investor (106); Securities investment method for a real estate development project composed of a single real estate development project 108, etc., which will be developed by the construction company 102 and the real estate developer 102, forming an organic relationship The real estate development project of claim 1, wherein the securities 101 are classified into securities according to development and sale, securities according to lease and lease, and securities in which their characteristics are mixed. Securities Investment Method The investor who owns the securities in accordance with the development and sale under paragraph 2 receives dividends from the construction company 102 or the real estate developer 102 when the project 108 is completed. Securities investment in real estate development projects In accordance with paragraph 2, the investor who owns the securities under the lease / lease shall receive the profits from the leasing / lease of the project 102 from the builder 102 or the real estate developer 102 upon completion of the project 108. Securities investment method for real estate development projects, characterized in that Securities investment according to the development and sale of claim 2, the entire investment method for securities investment in the real estate development project, characterized in that the entire incineration of the project 101 is completed. The investor 106 who owns the securities in accordance with the development and sale in the second paragraph until the project 108 is completed is the public securities of the next project 108 of the construction company 102 and the real estate developer 102. Securities investment method for a real estate development project characterized by giving preference to 101). In accordance with claim 1, the investment advisory firm 107 has an investment counselor in charge of practical business in investment consultation. The online trading order system of an intermediary company 105, which is responsible for the smooth brokerage of securities, is provided by an investor through a wired / wireless communication device 202 to an internet network 203 or a server computer of a website. Connecting (302) to 201; Authenticating that the member is a member of the broker (105) (303); Accessing the main screen (304); Selecting (305) (306) to buy or sell the item for sale of the securities (101); Confirming the conclusion of the sale and the balance (307); The investor 106 is provided 308 with progress and progress on the project 108; Securities investment method for a real estate development project consisting of a service trend and the step (310) receiving various information on the investment of the securities The method of investing in securities for a real estate development project, characterized in that the wired / wireless communication device 202 used by the investor in claim 8 is a computer, a mobile communication terminal, a PDA and an Internet TV. 9. The method of claim 8, wherein the computer is connected to a server computer 201 of the website through a wired communication network. 9. The method of claim 8, wherein the mobile communication terminal and the PDA are connected to the server computer 201 of the website through a wireless communication network. 9. The method of claim 8, wherein the Internet TV is connected to the server computer 201 of the website through a predetermined channel. In the buying or selling step 305, 306, the name of the construction company 102, the real estate developer 102, the project 108 and the current price of the securities 101, time of day, and transaction volume Securities investment method for real estate development project, which provides information on order purchase amount and purchase amount by time The method of claim 8, wherein in the providing of the various information (310), the securities investment method for the real estate development project, characterized in that it provides information such as corporate news, investment strategy, market analysis. In the step 308 of receiving the progress and progress of the project 108 in accordance with claim 8, information is provided through the VOD system 309, securities investment method for a real estate development project. In the step of accessing the main screen in claim 8 to the investor 106, the construction company 102 and the real estate developer 102, the name of the project 108, the current price of the securities 101, trading volume, order Securities investment method for a real estate development project characterized by providing information on the quantity sold and the quantity purchased In claim 1, the investor 106 creates an account for depositing and withdrawing funds to the intermediary 105 for the transaction of the securities 101 through the intermediary 105. Securities Investment Method The title of the project in claim 1 is a single real estate development item, the securities investment method for the real estate development project, characterized in that the name and the task to be achieved through development.