Real Estate Investment Trust System

Real estate securitization is a new investment method of real estate that developed form American in 1910. The general public can invest his or her money in the property market with relatively small amount of money compared to the traditional method. And real estate developers finance property development with both their own capital, along with mortgage loans from commercial banks. It cloud provide an alternative to raise money for development project. When it comes to public works real estate securitization offers a better mechanism in reducing cost and dealing with does. Because it can expand the participation basis, many counties or districts hoped that it could make a come back to former prosperity. Countries or districts such as Korea, Japan, Singapore, Hong Kong, and Taiwan have already introduced the system.The thesis Real would define what the real estate securitization is. Real estate securitization, by definition, is the securitization of the ownership of, or the creditor's entitlement to a debt over, a real estate property.The development real estate securitization is refer, after is carrying on or the plan carries on the development, the construction, the reconstruction, entire constructs the real estate or this real estate related right as the sign the real estate negotiable securities. About the development real estate securitization discussion also is a focal point. The development real estate securitization not yet will develop in the real estate complete namely carry on the securitization to it, investment the massive funds inflow real estate development document, will be able to crate the real estate phenomenon of the booming heat, when the situation production, very possibly will create the real estate froth situation of. But observes of Asian country area the neighbor, all adopts manner of the prohibition or the limit to the development.Taiwan, about the development real estate securitization, the highest legislature to three read through the real estate securitization rule, has in view of the fact that the development real estate or the real estate correlation right unstable income, its produces the risk is higher, ill uses in to develop the initial period real estate securitization market, therefore the rule defined "had the stable income" the real estate or the real estate correlation right only then may become the real estate negotiable securities sign of.However, in China, development real estate securitization is whether feasible? This article discusses China development real estate securitization from pro and con both sides feasibility, one of patterns which the final present paper will utilize by the BOT contract pattern of to the real estate investment trust when will promote real estate investment trust commodity may consider as future China.