Abstract
Meeting the increasingly strong financing demand is an important basis towards constructing a sustainable business ecosystem for urban complex development. This study explores innovative financing modes with an objective to break the current bottleneck faced by real estate projects especially large-scale urban complexes. The chapter is divided into three main parts. It first analyzes China’s real estate’s current financing situation and identifies the types of problems the sector faces. Subsequently, it explores new and innovative financing modes such as building up trusts, private equity funds, asset securitization of real estate properties and mezzanine financing. A low-risk as well as high-efficiency and diversified financing system with bank loans as the main channel of support is proposed. Lastly, a more effective financing and management approach is proposed by improving the efficiency of capital allocation, reducing investment cost of property companies, and enhancing the agglomeration effects of urban complexes. These are contributory factors essential for building a sustainable business ecosystem.
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Acknowledgements
This paper is funded by the National Social Science Foundation in China under the “Research on Security Identification, Management & Control and Emergency Treatment of Major Risks of Ecological Fragile Region in Western China” (Number: 13AZD074).
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Han, W., Liu, X. (2015). Real Estate Management in China: An Innovative Financing Mode of Urban Complexes. In: Wong, TC., Han, S., Zhang, H. (eds) Population Mobility, Urban Planning and Management in China. Springer, Cham. https://doi.org/10.1007/978-3-319-15257-8_20
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DOI: https://doi.org/10.1007/978-3-319-15257-8_20
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