This fund is temporarily called "Construction Bank Housing Rental Fund".EssenceThe fund will help explore a new model of real estate development and promote the smooth and healthy development of the real estate industry.
(Beijing Comprehensive News) The Construction Bank of China plans to set up a housing rental fund with a total value of 30 billion yuan (RMB, Same as Sim, S $ 6.023 billion), and transformed into a burdeny leasing through the existing real estate of the developer through the existing real estate of the developerHousing, to boost the real estate market that is caught in the cold winter.
According to the announcement issued by the CCB on Friday (September 23), this registered place is temporarily named "Construction Bank Housing Rental Fund (Limited Partnership)".Rental housing will increase the supply of long -term rental housing and affordable rental housing.
The announcement did not further explain that investing in the "housing company's capital assets" refers to the rotten tail building where the construction project was interrupted, or the real estate that the real estate company had built but not sold.However, the definition on the network, "stock real estate" generally refers to second -hand houses that have been built and put into use, or inventory to be sold.
Announcement stated that CCB will provide the fund with 29.999 billion yuan in funds, and the remaining 1 million yuan will be subscribed by the wholly -owned subsidiary of CCB CCB Trust.The scope of business is activities such as private equity funds engaged in equity investment, investment management, asset management and other activities; the term is tentatively set to 10 years, and it will be evaluated after the expiration.
Announcement stated that the fund's investment has been approved by the Bank of China Insurance Supervision and Administration Committee, and it is still waiting for the necessary approval, filing, registration and other procedures for relevant departments.
Announcement emphasized that the fund will help explore a new model of real estate development with rented and purchase and promote the steady and healthy development of the real estate industry.
The rotten tail building triggers the low tide of the "suspension of loan" crisis housing hidden financial risks
Since July this year, the Chinese real estate market has erupted the "suspension of loan" crisis trapped by Rotten Towers, which has led to low market confidence and the cold winter of real estate transactions. In addition to dragging economic growth, it has also caused the outside world to pay attention to the implicit behind it.Financial risks, from time to time, it will report that CCB will set up a 10 billion yuan fund to help relief insurance.
Reuters quoted sources in July that CCB plans to invest 50 billion yuan worth of funds worth 80 billion yuan to help developers solve the debt crisis.
After the Political Bureau of the Communist Party of China held on July 28 this year, after the "Insurance of the Politburo and Stable Livelihood", Zhengzhou and Guiyang, Guizhou, Henan immediately introduced the "insurance diplomacy" measures;The Ministry, the Central Bank and other departments also announced in August that it will support the delivery of residential projects that have been sold, overdue, and difficult to deliver through the special borrowing of policy banks, and do everything possible to promote the "preservation and stability of people's livelihood".
According to the Securities Times report, the person in charge of the Banking Insurance Commission announced on Friday that the National Development Bank has paid the nation's first special borrowing in Shenyang City, Liaoning Province on Thursday (September 22) to support the Liaoning "insurance delivery building"project.
The person in charge did not disclose the total borrowing, nor did it mention the reason why Shenyang City was the first cities for funding.However, China Real Estate News quoted industry insiders that Shenyang was able to obtain the first "insured property" borrowing, which was inseparable from the active sought by local governments.
However, Chen Xiao, a senior analyst at the Zhuge Housing Data Research Center, predicts that there will be a "guarantee delivery" loan one after another in other cities.