The Analysis of Project Sustainability Risk Indicators in Real Estate Finance: ESI Economic Sustainability Indicator Rating Models

Year 2019, Issue: EK SAYI (2019) - Year: 2019 Volume: Ek Number: Ek, 353 - 394, 01.12.2019

Fatma Müge Tapan Vahit Ferhan Benli Feyzullah Yetgin

Abstract

The real estate development industry absorbs vast amounts of financial resources from its banking system. This research aims to discover and construct a sustainability rating model to be integrated into the conventional real estate valuation models.

Keywords

Real Estate Finance, Real Estate Risk Analysis, Sustainability Index, ESI Index

Gayrimenkul Finansman İşlemlerinde Sürdürülebilirlik Faktörlerinin ve Değerlemelerinin Analizi: ESI Rating Modeli

Abstract

Türkiye ekonomisinin başta inşaat ve gayrimenkul sektörü olmak üzere ‘sürdürülebilir karlılık ve risk yönetimi’ kavramlarının finans-man ve yatırım süreçlerine dâhil edilmemektedir. Hala hazırda sür-dürülebilirlik raporlarının olmadığı hiçbir projenin en ufak kaynak bulabilme şansının olmadığı batı eko-finansman sistemindeki uygu-lamanın ülkemiz finansman kaynaklarının kullandırımı açısından değerlendirilmesi son derece önemlidir. ESI Economic Sustainability Indicators – ESI Sürdürülebilirlik İndikatör modeli, Türkiye’deki finansman ve yatırım kararlarının alınmasında uzun vadeli gayri-menkul değerlerinin bulunması ve analizi açısından uygulamada karar alma süreçlerinde ve değerleme raporlarında ciddi ve maddi değişiklik yapabilecek bir model olarak bilimsel ve finansal kapasite artırımına katkı sağlayabilecek bir sürdürülebilirlik analiz modelidir

Keywords

Bankacılık, Gayrimenkul Finansmanı, Gayrimenkul Risk Analizi, Sürdürülebilirlik Endeksi, ESI Endeksi

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