The Transition From The Financing Mode Of Real Estate Enterprises

In our country, like real estate industry, countries also does a lot of guidance and controlon the whole. In recent years, the real estate industry appeared more change, market upsand downs, affects the whole of China’s economic development, so to speak. And fundssafety, sources of funds for real estate enterprises, is the first priority. Therefore, theenterprise financing has become a chain link of real estate development can not beignored.Starting from my actual work experience, contact with the instance of a large number ofreal estate enterprise development, financing. I understand money is the lifeblood of thereal estate enterprise. And development to the present stage, the transformation of thedomestic real estate market is urgent, and in fact already in progress. Peace in countrygarden, wandavanke jointly, melting and mergers and acquisitions frequently attack, etc.,are all instances in the transformation of the real estate industry. Therefore, from theanalysis and study on the basis of the financing way of enterprises, to explore thetransformation of China’s real estate enterprises is necessary.Starting from the exploration on the international real estate development history,especially starting from the research and its financing mode, financing channels. WithChina’s current real estate financing channels, pattern comparison. In the history ofinternational real estate development and financing mode, this article selects tworepresentative countries the United States and Japan. After studied the situation abroad,the research analyzed the our country’s current real estate financing mode.In the description of the our country real estate enterprise financing pattern, this articleselects several examples to explain its financing modes, respectively, selected the largestate-owned listed companies, small and medium-sized regional corporate housingcompany three examples to study the current financing mode. Through the study of threedifferent types of real estate company, basically all covers on the market of real estateenterprises in China, now can also be concluded that the basic situation of our countrypresent stage real estate enterprise financing to do a show. In our country, different scaleof real estate enterprise financing cost difference is large, large enterprises can lower thecost of financing to the single digits, and small real estate enterprise financing costs couldbe as high as25%above, even higher. Different financing costs also determines theenterprise development speed, the size of the different development. And more unevencontributed to the development of real estate enterprises. Therefore, in a way also forcecompanies to transformation development. Then compares the international and our country’s real estate financing patterns ofsimilarities and differences, in this paper, the real estate enterprise financing mode in ourcountry in the future makes some discussion, the present situation of our country presentstage real estate financing situation. Then from the different financing model, also givessome transformation in the direction of the real estate enterprises in our country, thedirection is based on the perspective of financing.In the concrete conclusion, this paper puts forward the transformation of the real estateenterprises in our country is imperative, to strengthen the real estate enterprises closelyintegrated with the financial sector. In order to obtain more funding sources, at the sametime, for the mature mode of financing, such as REITs, this article also suggests as soonas possible with the world, vigorously develop.