Optimal Financing Commercial Property Of A Dutch Housing Association: A Case Study

Muilwijk, Arjen; Muilwijk, Arjen

ISBN 10: 3659211338 / ISBN 13: 9783659211331

Published by Lap Lambert Academic Publishing, 2012

116 pages. 8.66x5.91x0.27 inches. In Stock. Seller Inventory # __3659211338

Synopsis:

In January 2011, new regulations for housing associations were introduced in the Netherlands. These regulations include a more strict division between social and commercial activities for housing associations. According to the regulations, commercial property should be financed without State aid. Housing associations responded very negatively to the regulations, emphasizing the importance of these activities for the liveability of neighbourhood. They claimed that it would be very difficult or even impossible to finance their activities without State aid. Financing without State aid is a new topic for many Dutch housing associations. In this academic publication, the optimal financing structure for new commercial projects of one Dutch housing association, Mitros is analyzed. Optimal capital structure, debt maturity and variability of interest rates will be discussed by using both qualitative and quantitative (WACC & CAPM) analysis. This book also describes how determinants from existing corporate financing theories work out for this specific case.

About the Author: Arjen Muilwijk MSc is a University of Twente graduate with a strong interest in Treasury Management. After successfully finishing his study Business Administration (specialization in Financial management) he is currently employed as Assistant Treasurer at Bentley Systems International.

Bibliographic Details

Title: Optimal Financing Commercial Property Of A ...
Publisher: Lap Lambert Academic Publishing
Publication Date: 2012
Binding: Paperback
Condition: Brand New