The objectives of the research are to analyze the effect of profitability, liquidity, asset structure, growth opportunity and institutional ownership on capital structure. This study use secondary data, the financial statements of property and real estate company’s in Indonesia Stock Exchange period 2013-2017. The sample used in this study was conducted by purposive sampling method. The analytical method used is multiple linear regression analysis. Based on the results of the study it can be concluded that the variable liquidity, asset structure, and institutional ownership affect the capital structure. While profitability and growth opportunity do not affect the capital structure.