The Research On Risk Management Of Fund-raising For R Pension Real Estate

A national condition of becoming old in advance of becoming wealthy has occurred in regards to the fast-growing population among old generation,high percentage of senior age generation,and the accelerating percentage of old people who lives an independent and solitary life.The blueprint refers to the development of pension real estate which is well expected,however,the funding risks towards pension real estate brought will be complicated refer to large scale of funds and long-term investment recovery period.The success on risk management of fund-raising can make great impact towards the success on pension real estate projects,and a place for pension real estate projects on this new field can be efficiently found through an effective risk management,referring to the fund-raising of pension real estate.Thus,solutions regarding to developing a proper method can effectively recognize,evaluate,and prevent any risk factors through the fund-raising processes and also conducting an appropriate suggestion targeting to those risks for enterprises which has developed or invested in the pension real estate are extremely urgent.This paper concluded an introduction and temporary development referring to the pension real estate that inside and outside China and conducted an evaluation and recognition on relevant theories which related to the pension real estate,risk management,etc,through initial investigation towards theoretical research and real practices of pension real estate which established by scholars inside and outside China.Therefore,it provided theoretical supports for the following contents,thus,to find the risk factors that existed in the fund-raising process of pension real estate projects from five aspects which are policies and laws,economics,market,technologies and the management of talented people,and to recognize and select the evaluation index on the basis of article researches especially the important index which introduced the management of talented people through establishing questionnaires.Thus,it conducts the evaluation index system through five first level indexes which are the risks of policies and laws,the risks of the economy,the risks of the market,the risks of the technology and the risks of the management of talented people;nineteen second level index which is the risks of diversity on pension cultures,the risks of settling market price of the products and other risks.The importance of risks on fund-raising for the pension real estate projects will be confirmed through hierarchy analyze according to the evaluation results by the professionals,and to find the key risk factor then construct an abstract comprehensive evaluation model to ensure the evaluation level for the risks on fund-raising for the pension real estate according to the priority of the importance.Finally,the results represented the unimplemented policy of subsidy and taxation,independency of fund sources,inappropriate settlement of market price,incompletion and shortage on the design for old people,low overall qualities among nursing staffs and low percentage for professional talented people are the main risk factors during fund-raising through analyzing the risks of fund-raising towards R pension real estate project,concluding with the risk evaluation level of based on this mode.Meanwhile,this paper came up with corresponding suggestions in regards to the main risk factors referring to the fund-raising of R pension real estate project and expecting that to assist the healthy development of R pension real estate.The research accomplishment of this paper has certain significance on referencing for the risk management tasks of pension real estate project which has similar scale and provided references in regards to the development of pension real estate in our country.