From the perspective of real estate development loans, since the first quarter, the growth rate has continued to decline, from 26.05% to 7.02% at the end of the first quarter, especially the issuance of land purchase loans has been more restricted. Judging from the scale of real estate trust issuance, the growth rate has also shown a downward trend in recent years. Since 20 12, there has been a negative growth for many years, which is related to the strengthening of trust and investment supervision in the real estate industry.
Judging from 107 listed real estate enterprises, only about one-fifth of the real estate enterprises' income increased in the last year. According to the new regulations, "if a listed company applies for additional issuance, allotment or non-public offering of shares, the date of resolution of the board of directors of this issuance shall not be less than 65,438+08 months from the date when the previous raised funds were put in place", and the channels for these enterprises to increase their income in the next year will be restricted to a certain extent. Enterprises to successfully overcome the shortage of funds, you can consider starting from the following aspects:
On the one hand, accelerate the de-capitalization and increase the cash ratio in the company's asset portfolio. At present, the demand situation faced by cities is quite different. In some cities, such as Shenzhen, Ningbo and Kunming, the transaction volume of the property market did not slow down in May, and real estate companies can quickly melt away in these cities. According to the law, once there is a wait-and-see mood in the property market, even if the property price is lowered, it will not stimulate sales. Therefore, before the wait-and-see mood occurs, it is the best strategy to achieve rapid sales.
On the other hand, cooperative development can reduce risks and costs. At present, there are great differences on the direction of the property market. Although the policy is strictly regulated, the saleable inventory in first-and second-tier cities is still at a low level. In this environment, if developers are not clear about the future market trend, it is best not to reserve too many high-priced land, and at the same time, the risk of enterprises can be reduced through cooperative development mode. For example, in the stage of land acquisition, the land use right can be obtained indirectly by establishing a project company with the land transferor or by means of equity acquisition, thus reducing the capital expenditure of land purchase; In the way of obtaining funds, the asset-light strategy of housing enterprises can be realized by setting up real estate investment funds and relying on external capital.