The Research Of The Solution Of Financing Structure Of Chinese Real Estate Enterprises

Real estate is a capital-intensive industry, but also a great industryaffected by the policy. Especially in2003the central bank introduced A121Article, to constantly strengthen the macro-control of real estate, thesituation of real estate industry mainly rely on bank has been greatlychallenged. Real estate developers began to try different ways offinancing, such as IPO listed, the issuance of bonds and other means. Butwith the constraints of those means, the real estate industry still did notbreak through the predicament of lack of capital. Therefore, how todevelop new financing mode and financing structure is key question thatthe real estate developers must face.This article is based on the real estate financing theoreticalknowledge, comparison and analysis of the current real estate market aswell as the main financing channels and the development trend, combinedwith the related financing policy and regulations, gradually put forward the real estate trust and the real estate private fund as the new real estatedevelopment financing channel. Especially in the field of real estateprivate equity funds, through the cases study to illustrate the currentdevelopers how to develop the project by financing structurearrangement.Finally, this article summarizes the development of real estateprivate equity fund in China’s, as well as the development of the realestate fund will improve China’s capital market.