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Endowment Commercial Real Estate Development Strategy Research In China

Posted on:2014-01-12Degree:MasterType:Thesis
Country:ChinaCandidate:Y N HuangFull Text:PDF
GTID:2309330431984908Subject:Business Administration
Abstract/Summary:PDF Full Text Request
As China’s elderly population continues to increase, the economy has not developed in the case, China has entered the aging society, and the weight ratio of aging, plus421family structure formation triggered a pension more difficult for the Aged problems have gradually aroused extensive attention. For elderly old medical care, old, old music is urgent need to address social issues. For now our country have either set up a government or a private pension institutions built in quantity and quality are difficult to meet the needs of a large number of older people of different pension. The development and evolution of aging needs to adapt to China’s pension commercial real estate, and to ensure the quality of life of older people and care needs has a key role. But also to compensate for pension gap in the market, and promote social harmony and stability.For now, China’s pension commercial real estate is still in early stages of development, facing both the existence of a broad market factors conducive to development, there are also many factors that are not conducive to development. To promote pension healthy development of commercial real estate market, it is necessary to conduct a feasibility study strategies, learn from foreign advanced experience and the development of our existing success stories, according to local conditions suited to China’s proposed pension viability of commercial real estate development strategyIn many developed countries, because of an aging society earlier, long history, aging process on the problems faced by some long study and practice of development to form a more perfect pension system, which also includes safeguard the healthy development of commercial real estate endowment commercial system. Borrowing from pension commercial real estate development experience, such as Sun City, United States, and CCRC development experience, experience in Australia’s nursing hierarchy, Japan’s "Care system" operating system and design experience of two generations living units, as well as the German old-age home oriented philosophy and government pension related support policies for the development of commercial real estate has a pension detours, and promote the development of an active role. Through research and learn from the experience of developed countries, can also be found in the development of commercial real estate in pension gaps and obstacles. This includes the most important economic factor, which is our old before getting rich situation, a broad market demand and lower economic level formed a huge contradiction between, hinder our endowment commercial real estate development. At the same time a lack of national policy support and the lack of relevant laws and regulations, as well as supporting development of the industry lag and social thought at the level of restraint are greatly hampered China’s pension commercial real estate development. The face of the lack of development and obstacles on the road, the only research and development strategy to seek a way out.By drawing on advanced foreign pension commercial real estate development experience, and analysis of the existing pension commercial real estate success stories, which put forward some feasible development strategies. First, our government also introduced at this stage "to the Housing Endowment" strategy."To the Housing Endowment" regarded as a national economy has not yet developed, the security system has not been perfect circumstances, through their ability to increase old-age income elderly in a way. In this way, seniors can increase their income, stay at a higher level of consumption endowment commercial real estate, improve the quality of life in old age. But after all, this is a new way, there will always exist a variety of risks and concerns. This paper describes "to the Housing Endowment" put forward the background and can begin to achieve the theoretical basis to analyze the applicable age groups, and introducing now "to the Housing Endowment" policy run more mature American model, concluded "to the Housing Endowment" the advantage of the implementation and the need to guard against risk and prove that this is a commercial real estate development to help pension but a new model to be perfect. Next, the paper according to the level of economic development and aging speed of development in different periods for pension commercial real estate development to make recommendations accordingly. Again, this will endowment commercial real estate financing problem of long recovery period, the introduction of some common financing models made after now more popular "BOT" financing strategies, elaborated "BOT" financing mode operation of the process, that the government and development enterprises through mutual cooperation mode, you can melt into more faster and better development funds, and in the co-development of links which saves a lot of tangible and intangible costs. Further, according to the needs of the domestic market now, this paper proposes three possible pension commercial real estate development model namely, community home-based, institutional health care-and tourism-based. These three models were developed for the analysis of its advantages and existing customer base. respectively, after the successful development of the domestic case examples, such as Shanghai and the source of pro-Beijing’s too peaceful Hill and other applications to demonstrate its feasibility. In the proposed pension commercial real estate development strategy, this article will continue to analyze three kinds of commercial real estate profits endowment policy, which includes rental profit model, sell and profit model for rental and sale combined profit model. Whether these three profit model developed for elderly consumers or businesses do have their advantages and disadvantages, but as long as the market according to the market research to make the appropriate adjustments, these three models can be regarded as commercial real estate can be profitable pension guarantee Finally, from the policy level recommendations and strategies:the first is for our old before getting rich, the elderly bear the higher pension spending commercial real estate situation the Government should increase the amount of contributions and the elderly pension broaden their coverage recommendations to protect the elderly have some pension funds can improve their living conditions. It also suggested that the Government should as soon as possible to support the endowment of commercial real estate development of preferential policies, such as land policy, thereby reducing corporate development, operation costs, and ultimately reduce the elderly stay at the pension business of commercial real estate prices. The second proposed that the Government should develop appropriate market laws and regulations including pension access to commercial real estate, operation, exit mechanism, so as to promote the healthy development of the pension industry. The third endowment for commercial real estate required for supporting care, suggested that the Government should increase the nursing care personnel training, improve the relevant education, training assessment, appointment and supervision mechanism so that pension veritable commercial real estate, it was available for the elderly providing intimate care. Finally our commercial real estate presence of older persons to pension concerns, proposed government support and improve the pension industry, we must also promote people based on national circumstances and Jiaqing, changing the traditional raising children for old age pension concept gradually accepted the idea of emerging pension from concept to recognize and accept the pension provided by commercial real estate endowment way...
Keywords/Search Tags:Endowment commercial real estate, An aging society, According to the construction of housing endowment, BOTmode, Development mode
PDF Full Text Request
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