"at present, the real estate trust products that reflects the real estate market
risk, policy risk and market risk is increasing." The consultant in the real
estate industry researcher Han long Ji Riqian told the "Securities Daily"
reporter the interview said.
it is reported, follobeijing villaswing the May
CITIC Trust "Shug Sibel" and other projects. After the storm, a few days ago,
including Sichuan Xinhua trust, trust companies such as trust products once
again into the payment risk, have entered the proceedings. Real estate trust
products such as bamboo shoots after a spring rain liquidity risk, no doubt for
the end of this year will be concentrated maturity of real estate trust market
cast a shadow.The latest data from the
China Trust Industry Association
shows, the three quarter of 2013 the real estate trust financing reached
894200000000 yuan, accounting for the scale of financing the trust industry in
9.33%. Analysis shows, the three quarter of this year added 167500000000 yuan in
real estate trust, the highest since 2010, the highest level in history; the
three quarter of this year the real estate trust compared to 84900000000 in the
three quarter of last year, an increase of 97.22%, compared to 154400000000 yuan
from two quarter of this year Rose 8.48%.
Han Changji said: "the policy risk
is mainly reflected in the real estate macro-control policy is still not relax,
enterprises financing channels blocked, funding pressure, more difficult to have
as great; market risk is mainly reflected in the real estate business with more
high cost, part of the real estate market saturation. Also notable is, the
project will be recognized by the market is not an easy thing, at present room
gross margin has been generally declining trend."
flush with the iFind data
display, the first three quarters of this year, the 141 listed enterprises in
the overall revenue 376748000000 yuan, a year-on-year increase of 33.56%, net
profit of 46259000000 yuan, a year-on-year grrent villa beijingowth of
32.15%. In the property market background, real estate sales gross margin has
quietly dropped to a new low of nearly three years: the three quarter of 2013,
this figure is now down to 33.29%, while the previous 2011 and 2012 sales gross
margin was 39.74%, 37.34%.
analysis personage thinks, local real estate
trusts problem at present is only a single event, the real estate trust oapartment for rent in
beijingverall liquidity risk is still small. Taurus financial network
research center researcher He Fajie pointed out: "this year, the real estate
market is still very good, the prices are relatively large increase, but it may
also lead to launch further control measures. If the real estate regulation
again strengthened, economic growth to continue downward, the risk will
increase."
is a gross margin decline, on the other hand is trust expected
rate of return of the slow rise. According to the statistics of the usufructuary
trust studio, three months from 2013 July to September, the real estate trust is
expected to yield were 9.4%, 9.36%, 9.46%, the average expected return rate of
9.41%, while less than 10%, but had to reverse the downward trend, steady
recovery. Industry >
