@article{ART002989315},
author={Dong Oh, Ha and Yeom Jae Weon and Juchul Jung},
title={Applying the TDR for Urban Landscape Management: Focusing on the Use of REITs},
journal={Journal of Environmental Impact Assessment},
issn={1225-7184},
year={2023},
volume={32},
number={4},
pages={242-250}
TY - JOUR
AU - Dong Oh, Ha
AU - Yeom Jae Weon
AU - Juchul Jung
TI - Applying the TDR for Urban Landscape Management: Focusing on the Use of REITs
JO - Journal of Environmental Impact Assessment
PY - 2023
VL - 32
IS - 4
PB - Korean Society Of Environmental Impact Assessment
SP - 242
EP - 250
SN - 1225-7184
AB - The continuity of urban space is being destroyed by disorderly high-rise development caused by reckless development, and the resulting deterioration of urban landscape is emerging as a major problem. Disordered high-rise development is adversely affecting the urban environment, such as depriving residents of the basic rights of view and sunlight and privatizing the scenery that urban residents should enjoy together. In order to create a continuous urban landscape, indiscriminate high-rise development is restricted and compensation for the affected areas is needed. Various regulations have been carried out to this end, but it is difficult to overcome the pressure and damage to high-rise development by regulations alone. Accordingly, discussions have been underway to introduce a compensation system. Among them, discussions on the introduction of a ‘Transfer of Development Right’ (TDR) in which land ownership and development rights are separated and compensated for development rights have been drawing attention. However, in Korea, it is difficult to introduce the system due to various problems related to the separation of development rights. In order to overcome the limitations of the introduction of TDR, this paper analyzed the concepts and characteristics of ‘Real Estate Investment Trusts’ (REITs) and presented a policy model for the development right transfer system incorporating REITs for effective landscape management.
KW - Landscape management;TDR;REITs
DO -
UR -
ER -
Dong Oh, Ha, Yeom Jae Weon and Juchul Jung. (2023). Applying the TDR for Urban Landscape Management: Focusing on the Use of REITs. Journal of Environmental Impact Assessment, 32(4), 242-250.
Dong Oh, Ha, Yeom Jae Weon and Juchul Jung. 2023, "Applying the TDR for Urban Landscape Management: Focusing on the Use of REITs", Journal of Environmental Impact Assessment, vol.32, no.4 pp.242-250.
Dong Oh, Ha, Yeom Jae Weon, Juchul Jung "Applying the TDR for Urban Landscape Management: Focusing on the Use of REITs" Journal of Environmental Impact Assessment 32.4 pp.242-250 (2023) : 242.
Dong Oh, Ha, Yeom Jae Weon, Juchul Jung. Applying the TDR for Urban Landscape Management: Focusing on the Use of REITs. 2023; 32(4), 242-250.
Dong Oh, Ha, Yeom Jae Weon and Juchul Jung. "Applying the TDR for Urban Landscape Management: Focusing on the Use of REITs" Journal of Environmental Impact Assessment 32, no.4 (2023) : 242-250.
Dong Oh, Ha; Yeom Jae Weon; Juchul Jung. Applying the TDR for Urban Landscape Management: Focusing on the Use of REITs. Journal of Environmental Impact Assessment, 32(4), 242-250.
Dong Oh, Ha; Yeom Jae Weon; Juchul Jung. Applying the TDR for Urban Landscape Management: Focusing on the Use of REITs. Journal of Environmental Impact Assessment. 2023; 32(4) 242-250.
Dong Oh, Ha, Yeom Jae Weon, Juchul Jung. Applying the TDR for Urban Landscape Management: Focusing on the Use of REITs. 2023; 32(4), 242-250.
Dong Oh, Ha, Yeom Jae Weon and Juchul Jung. "Applying the TDR for Urban Landscape Management: Focusing on the Use of REITs" Journal of Environmental Impact Assessment 32, no.4 (2023) : 242-250.
