科技进步与对策
科技進步與對策
과기진보여대책
Science & Technology Progress and Policy
2012年
18期
147~150
,共null页
绿色建筑 商业地产 投资时机
綠色建築 商業地產 投資時機
록색건축 상업지산 투자시궤
Green Buildings ; Commercial Property ; Investment Timing
商业地产类绿色建筑是节能减排的重要投资领域,与普通建筑相比,其需要的投资大,也具备风险大、回报高的特点。应用实物期权理论,构建了商业地产类绿色建筑的投资决策模型,分析了影响开发商投资时机的重要因素,利用数值模拟和以重庆市某地产项目为例,对模型进行了检验,并对政府推广绿色建筑提出了政策性建议。
商業地產類綠色建築是節能減排的重要投資領域,與普通建築相比,其需要的投資大,也具備風險大、迴報高的特點。應用實物期權理論,構建瞭商業地產類綠色建築的投資決策模型,分析瞭影響開髮商投資時機的重要因素,利用數值模擬和以重慶市某地產項目為例,對模型進行瞭檢驗,併對政府推廣綠色建築提齣瞭政策性建議。
상업지산류록색건축시절능감배적중요투자영역,여보통건축상비,기수요적투자대,야구비풍험대、회보고적특점。응용실물기권이론,구건료상업지산류록색건축적투자결책모형,분석료영향개발상투자시궤적중요인소,이용수치모의화이중경시모지산항목위례,대모형진행료검험,병대정부추엄록색건축제출료정책성건의。
Green buildings are the inevitable trend of architectures" development in future. However, most of the real estate developers of China are still awaiting the best timing. Compared with the ordinary ones, constructing green buildings need more investments and have a higher risk, but can also gain high benefit return as a reward. This paper establishes a deci- sion-making model with the real option theory for commercial green buildings investment in order to provide some advices to real estate developers. It also tests the model hy using a numerical simulation and a real estate project's data, some advi- ses for government is given at last.