서울 오피스시장에서의 부분매매거래에 관한 연구

다국어 초록 (Multilingual Abstract)

The typical transaction form in office building market is entire ownership transaction. However, there has been a continuous increase of transaction by using partial ownership in office market. Even though partial ownership transaction has some limitation on the owner's rights, it has its own merits such as required monetary resource reduction for investment, risk reduction in transaction, expansion of potential investors, enhanced marketability and so on.
But there is little research on the partial ownership transaction. This study focuses on the price characteristics of partial ownership transaction in office market. With empirical study, it finds partial ownership transaction has negative effect on the office building price. The average office building price of partial ownership transaction is much lower than that of entire ownership transaction. This study shows office buildings with superior class at a good location have higher price in partial ownership transaction. This study confirms that the partial ownership in office buildings with superior class at a good location enhances the possibility to preserve its investment value. This study shows ratio of space sold for partial ownership transaction compared with entire space in the office building has positive influence on the office building price.