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如何保持我国房地产市场稳定健康发展,已成为当前和今后几年内我国经济发展的关键因素之一。值得欣慰的是,除陆续出台了一些直接针对楼市的政策,有关部门已经意识到发展多元化和多层次的资本市场作为融资渠道的重要性。2009年,将成为地产金融创新的落实之年。金融创新空间大对房地产企业而言,融资渠道可谓多种多样,但其资金性质无非两类,或股权或债权。前者是项目不必偿还的资金,后者是项目必须连本带息偿还的资金。二者之间可以转换的,是股转债和债转股资金。
How to maintain a stable and healthy development of China’s real estate market has become one of the key factors in China’s economic development at present and in the coming years. The good news is that in addition to the introduction of some directly targeted at the property market policies, the relevant departments have realized the importance of developing a diversified and multi-level capital market as a financing channel. In 2009, it will be the year of implementation of real estate finance innovation. Large financial innovation space For real estate companies, the financing channels can be described as diverse, but the nature of its funding is no more than two categories, or equity or debt. The former is not necessary to repay the project funds, which is the project must be repayable with the interest of the funds. Between the two can be converted, is the shares convertible bonds and debt to equity funds.