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Georgi Gerganov, Violeta Blazheva
The Lease and Accounting of Agricultural Land
Summary:
After the restoration of ownership of agricultural land, a significant part of owners choose leasing as the most acceptable form of management. Depending on the legal regulations and the contractual basis, the income from providing agricultural land for temporary use is gained from lease payment and rent.
This article examines the shortcomings of the legal framework which regulates the use of agricultural land through lease/rental agreements and the problems that occur regarding harvest payment.
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Lia Kekelidze
THE INVESTMENT ENVIRONMENT AND THE PROBLEMS
OF ORIGINATION OF INVESTORS’ OWNERSHIP OVER REAL ESTATE IN GEORGIA
Summary:
In this research of the Investment Environment and the Problems of Origination of Investors’ Ownership over Real Estate in Georgia we have discussed importance of attraction of the direct foreign investments and the problems existing in the economy of Georgia. Besides, we have analyzed the direct foreign investments based on the statistic data and proved the effective role of the direct foreign investments in stimulation of the Georgian economy. In our research we have analyzed the problematic aspects preventing attraction of investments in Georgia. Also we have considered the ways and methods promoting influx of direct foreign investments in Georgia. The main accent is made on the Georgian legislative basis.
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Lyubomir Dimitrov
A PORTFOLIO METHOD FOR INTERNATIONAL REAL ESTATE INVESTMENTS
Summary:
The article analyzes the possibility of improving the risk/return characteristics of an international real estate investment portfolio via the acquisition of residential offshore properties. It takes the perspective of the American investor. First, the index DOKHPI is constructed to measure annual changes in property prices in the Cayman Islands and appreciation returns. After the addition of the rental income yields, the estimated total annual returns are included in a mixed portfolio composed of American and Caymanian residential real estate assets. The benefit of investing in offshore real estate is demonstrated by the construction of efficient frontier and correlation matrix.