Funds mechanisms of investment in construction
In the article the author analyzes the merits and demerits of various stock investment mechanisms in construction. The economic essence of the investment mechanisms being created is the implementation of collective investments, accumulated from different sources, by investing in real assets or buying securities. The global trend of the last decade has been an intensive growth in the number and types of investment funds. In practice, each country at the legislative level independently determines the types of investment funds. It is obvious that mutual funds of real estate are of great importance for the real estate market. The current situation with the dynamics of the value of the units is connected both with a drop in the purchasing demand of the population as a whole and with the participation of investment funds in the construction of facilities that have difficulties in selling apartments, including because of overvaluation. It is also important to understand that alternative investment mechanisms show great attractiveness of investments. According to the long-term forecast, by 2025 houses with a total area of 42.03 million square meters will be recognized as emergency homes. Therefore, additional investment and production capacities will be required. The problem of modernizing the municipal infrastructure in small towns is also being updated. An integrated solution to these large-scale problems will require linking stock mechanisms with public-private partnership mechanisms, credit, equity, and other investment mechanisms in real estate. In general, we can note the growing importance of stock mechanisms in real estate. However, to date, their accumulation capacity requires further development.