Research On The Financing Structure Of Commercial Real Estate Projects Of The Listed Real Estate Company

With the development of our economy, advance a city to change a course, commercial real estate projects has gradually become an important part of the development of the real estate industry. And the commercial real estate project has a long development cycle, the demand for funds of funds, the occupation of a long period of time, How to raise enough capital construction, become the problem that its development the most critical. This requires the commercial real estate project developers have sufficiently strong financing ability. The real estate listing Corporation development level, enterprise qualification and credit rating are stronger than non-listed company. Therefore, this paper will be the real estate listing Corporation commercial real estate project financing as the research object, Focus on the financing structure from several financing channels, financing cost, financing risk and other issues. Not only can urge to intervene in commercial real estate projects of small and medium-sized developers to improve corporate governance, as soon as possible to broaden the financing channels, improve the financing ability, also can design the reasonable financing structure of real estate listing Corporation commercial real estate projects to provide reference.Firstly, the paper discusses the related theory and the financing structure of different ways of financing, combined with the financing of commercial real estate projects, comparative analysis of real estate listing Corporation and non-listed company financing ability, made clear the real estate listing Corporation financing ability can meet the commercial real estate project financing needs, more suitable for the development of commercial real estate projects. Analysis and combining with the financing cost, financing risk and financing channels of financing structure on the real estate listing Corporation commercial real estate project.Secondly, the use of corporate finance, management, economics and other disciplines theory, combining qualitative analysis with quantitative analysis, combining theoretical research with empirical research methods, Establish the analysis model of cash flow structure, analysis of project development funds inflow and outflow estimated funding gap, To determine the appropriate scale of financing, financing arrangement time, appropriate to the lowest minimum financing cost, financing risk, financing structure to help real estate listing Corporation commercial real estate project design is reasonable, to meet the requirements of investors and financing strategies.Finally, the paper by a listing Corporation's commercial real estate project as a case for empirical analysis. The application of analysis model of cash flow structure, with different ways of financing as the focus, the specific financing structure design scheme of multiple view real estate listing Corporation commercial real estate project. Through research on the financing structure of China's real estate listing Corporation commercial real estate project, then get the conclusion of this paper, the financial structure of commercial real estate developers establishment has an important reference value.