Research On Enterprise Real Estate Securitization Financing Related Questions

Since the 1970 s,Asset Securitization Financial Products have become increasingly popular in the international market.As China's economic growth slows down,Chinese companies need to reintegrate their basic assets to reduce their overall financing costs.Real estate securitization will be one of the best choices for companies to revitalize real estate and increase the liquidity of real estate.It is an excellent financing channel.The CITIC Sailing plan is the first case of real estate securitization in China.It is the first private equity REITs supported by the real estate industry.CITIC's Sailing plan raised about RMB 5 billion for CITIC Securities,and enabled CITIC Securities to successfully reduce its financial indicators and increase its operating funds.It has many experiences worthy of follow-up companies and is of significant research and analysis value.This article focuses on the topic of “real estate securitization” and studies the case of real estate securitization of CITIC Securities.It focuses on the product features,tax barriers,and tax avoidance effects as well as major risks of CITIC's sailing plan,and then analyzes its representativeness and reference.significance.It is worth noting that the nesting of non-public fund structures within the special plan of CITIC's sailing plan can overcome major tax barriers to the real estate securitization business and have a good effect on tax avoidance.The real estate securitization business has produced financial results for CITIC Securities.Positive effect.The risk of real estate securitization business is concentrated in the fluctuation of the real estate market.The large fluctuations in the real estate market will bring various risks to the securitizationbusiness.CITIC's sailing plan is a precedent for successful real estate securitization.It has important reference value for follow-up companies to develop real estate securitization business,and expands the channels for Chinese enterprises to conduct real estate securitization financing.It is an excellent real estate securitization template worthy of reference.