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当前房地产开发的融资渠道主要包括商业银行贷款、主板上市发行股票、海外上市募集资金、引进国外基金、发行企业债券、企业合作开发、民间私募基金、租赁融资以及信托融资。其中多数融资渠道由于存在政策瓶颈、周期过长、谈判成本过高、审批标准较严格、运行模式不规范、法律风险较高等诸多原因,缺乏可操作性。而信托以其合法合规、政策灵活、手段多样、工具众多、规模适中、制度优势和量身打造的特点,使房地产信托逐渐成为开发商重要的融
Current financing channels for real estate development include commercial bank loans, the IPO of the Main Board, raising funds for overseas listing, the introduction of foreign funds, the issuance of corporate bonds, corporate cooperation and development, private equity funds, leasing and trust financing. Most of the financing channels are lack of maneuverability due to many reasons, such as policy bottleneck, long period, high negotiation cost, strict examination and approval standard, non-standard operation mode and high legal risk. The trust with its legal compliance, flexible policies, diversified tools, numerous tools, medium-scale, institutional advantages and tailored features, so that real estate trust has become an important financial developers