2021 | OriginalPaper | Chapter
Scenarios of Real Estate-Backed Securitization and Financing
Author : Dave Chiou
Published in: Understanding China’s Real Estate Markets
Publisher: Springer International Publishing
Activate our intelligent search to find suitable subject content or patents.
Select sections of text to find matching patents with Artificial Intelligence. powered by
Select sections of text to find additional relevant content using AI-assisted search. powered by
With constant shifts in government policies, Chinese developers are finding it increasingly difficult to make projections on how future projects will be financed. As a result, in the past 4 years, asset securitization is becoming a relatively popular option for Chinese developers. This chapter provides details on China’s asset securitization policies and the regulatory hurdles that need to be addressed. Examples are also highlighted to reveal how commercial mortgage-backed securities (CMBS) products are packaged in China and why some developers are choosing CMBS over traditional bank loans. While China is still in the early stages of asset securitization and CMBS, the market potential for such products could grow substantially over time.