Study On Trust Financing Mode Of Real Estate

The real estate industry which is beneficial to the people’s livelihood is a pillar industry, involving more than50upstream and downstream industry.What’s more, it is very intensive to capital, the progress is not just costing much,but also have long investment cycle. The management risk is bigger than normal. At present, China’s real estate financing channel is unitary, mainly relying on bank financing. Since the people’s Bank of China in2003.06.13issued "notice" on the 《Further strengthening of the operational management of real estate credit》, the monetary policy is continuing tight on the real estate industry. The scale which real estate enterprises financed from the stock market’s was restricted. To find a broader investment source and broaden the financing channels of real estate development has become a pressing matter of the moment.As one of the four financial pillars,trust has the characters which is flexible, safe and effective,with no doubt,it becomes a new bright spot in the real estate industry finance market. At the same time, Tight monetary policy provides new opportunities for development and market space for the real estate trust. As of2013.9, the trust companies have issued775trust products,which are relevant to real estate. The total size reach258.8billion yuan. The trust company have provided funds for real estate enterprises through trust loans, equity investment, etc.They have promoted the diversification of real estate financing ways. This paper mainly introduces the several ways which is provided by trust company of financing for real estate, especially in AA trust co. JS real estate fund as an example. The JS real estate fund model has wider significance. In the current situation it can solve the enterprises which have well qualifications,is not sensitive to the cost of financing and whose aim is mainly to auction land money problem. Through the analysis, I hope can provide a new mode of operation for the financial and trust industry,what’s more,I hope can provide them real estate trust fund which is different from the traditional channel for real estate customer.