在雷曼兄弟破产后，许多全球最大的银行都曾担心出现最糟糕的情况，因为房地产泡沫的破裂暴露了它们在高风险贷款方面的投资。
After the failure of Lehman Brothers, many of the world's largest banks feared the worst as the collapse of the housing bubble exposed investments in risky loans.
公司创始人保罗·奥格登认为，由于许多投资者盯着房地产，但很多优质地产并不出售，衍生产品提供了迅速得到准确资产风险敞口的途径。
He argues that with lots of investors looking at real estate but not many prime properties coming up for sale, derivatives offer a way to get quick and accurate exposure to the asset class.
随着英国房地产投资者恍然大悟以及不再接受更低的收益率：房产的收益率曾一度低于无风险的国债的收益率(见图表)，商业地产的价值开始下降。
Values lurched downward as investors in British property woke up and stopped accepting ever lower yields: at one stage these had dropped below even yields on risk-free government bonds (see chart).
如果投资者们在追求更高回报的同时能够了解其中存在的风险，他们就可以对损失有更多的准备——也许他们不会向房地产市场投入如此多的资金。
If investors had known the risks they were taking in the pursuit of greater returns, they would have been more prepared for failure-and would presumably have put less money into the housing market.
在房地产中的资本投入给精明的投资者带来实质性的回报，但它也包含有高风险。
EQUITY PARTICIPATION in real estate offers substantial returns to astute investors, but it also entails high exposure to risk.
积极推动房地产抵押贷款证券化可以有效地解决银行贷款风险分散、为投资者开拓新的投融资渠道等问题。
Actively propelling the securitization of the real estate mortgage can effectively decentralize the bank's loan risk and can provide new investing channel for the investors.
对于投资者而言，房地产既是一个高利润的行业还是一个高风险的行业。
As to real estate investors, real estate is not only a high-profit industry, but also a high-risk industry.
投资决策是进行房地产开发的重要环节，它直接影响着项目开发的风险程度及投资收益的大小。
Investment decision-making is an important aspect of real estate development, which directly affect the level of risk and investment project development proceeds size.
第四部分，风险控制，从风险防范、风险分担和内控机制三个角度展开分析，为我国房地产信托投资基金的风险研究提供了可借鉴的思路；
The fourth part is risk control, it includes three parts, risk prevention, risk-sharing and internal control mechanism, provide kinds of recommendations to the risk management of the REITs in china.
第四部分，风险控制，从风险防范、风险分担和内控机制三个角度展开分析，为我国房地产信托投资基金的风险研究提供了可借鉴的思路；
The fourth part is risk control, it includes three parts, risk prevention, risk-sharing and internal control mechanism, provide kinds of recommendations to the risk management of the REITs in china.
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