The exchange meeting on the development trend and opportunities of the real estate industry in the post-epidemic era was successfully held
On March 28, 2023, the "Exchange Conference on the Development Trends and Opportunities of the Real Estate Industry in the Post-Epidemic Era" prepared and hosted by the Real Estate and Construction Engineering Research Center of
was successfully held in the large conference room of Zhiheng Headquarters after many days of preparation.
At this exchange meeting, invited speakers: CITIC Securities, World Federation Appraisal, KPMG; invited seminar guests: Zhonghai Enterprise Development, China Merchants Security Industry, Zhongzhou Urban Development, Greater China Group, Jingji Group, Cai Wuwei Industrial, Bolin Group, Taifu Investment, Huabanli Investment, Gemdale Strawberry, Haitong Investment, China REITs50 Forum representatives, Yinglong Law Firm and Beijing Ziming Law Firm's peers and Zhiheng lawyers gathered together to discuss and exchange the focus issues, development trends and opportunities facing the real estate industry in the post-epidemic era, the current situation of the real estate industry, The spotlight, hot topics, the latest information and expertise are constantly being presented, and it is exciting.
The exchange meeting was chaired by lawyer Lin Qiqi, secretary general of the Real Estate and Construction Engineering Research Center, and was divided into the first and second halves. The first half was a keynote speech by special guests, and the second half was a roundtable for free exchange on hot issues in the real estate industry.
At the beginning of the meeting, lawyer Li Weixiang, founding partner of Zhiheng headquarters and director of the board of supervisors, delivered a welcome speech. On behalf of Zhiheng, director Li Weixiang extended a warm welcome to the guests and lawyers present and wished the exchange meeting a complete success. Director Li said that Zhiheng always adheres to the development concept of "empowering and symbiosis", empowers customers, and realizes the harmonious and win-win results of Zhiheng customers and Zhiheng people.
It is hoped that the discussion will generate ideological sparks and promote in-depth exchanges and cooperation between Zhiheng and Zhiheng customers.
Li Huahong, executive director of the Real Estate and Construction Engineering Research Center of Zhiheng Headquarters, introduced the keynote and speakers of the conference, as well as the background of holding this exchange meeting. Director Li believes that under the influence of the three-year epidemic, the real estate industry continues to be sluggish, the development trend is weak, anxiety is pervasive, and the central government has recently released policy dividends frequently.
The main purpose of this conference held by the Real Estate and Construction Engineering Research Center is to build a platform for exchange between guests and lawyers, grasp industry trends, understand industry hotspots and pain points, listen to the real voice of the industry, and jointly discuss the development of the real estate industry. At the same time, it provides opportunities for in-depth integration, resource integration and sharing, and business expansion for both parties to achieve win-win development.
This keynote speech invited four well-known speakers in real estate-related fields to explore the development trend of the real estate industry from different angles, and jointly study and discuss real estate trends and opportunities.
In the first half of the keynote speech, lawyer Zhang Shanhua, director of the Management Committee of Zhiheng Institute Headquarters and director of the Real Estate and Construction Engineering Research Center, gave a keynote speech on the "Interpretation of Real Estate Industry Policy". Director Zhang Shanhua first sorted out the context of the adjustment of the central real estate policy since the 18th National Congress of the Communist Party of China, and the development process and adjustment background of the real estate industry from the "pillar industry" of the national economy to the positioning of "housing not speculation".
According to the draft of the Central Economic Work Conference in 2022, Director Zhang conducted a detailed analysis of the content related to the development of the real estate industry in 2023, especially the new mission of the central government to improve housing as the first domestic demand, and the new development model of real estate. He multi-dimensionally interpreted the current development trend of the real estate industry from the key positioning of real estate policy.
Mr. Wang Tianyu, a researcher in real estate and property services at CITIC Securities, has long conducted in-depth research on real estate industry trends and followed industry trends. His main research areas cover real estate development, real estate asset management, and public offering REITs.
Mr. Wang's keynote speech is divided into four sections: first, through a large number of data analytics, respectively, from the aspects of sales recovery data and credit support factors, the recovery of the real estate industry is expected; second, the current development of the real estate industry is continuing to recover, frictional resistance continues to decrease, investment enthusiasm is orderly restored, and policies to eliminate frictional resistance are expected to be accelerated; third, looking at the real estate market from a fiscal perspective, because land transfer is an important source of local income, in the face of real estate market uncertainty, the draft budget expects land transfer revenue to be stable; fourth, a new development model of the real estate industry is proposed, analyzing the traditional "real estate" and modern "real estate" .
Mr. Chen Xun, Deputy General Manager of the World Federation Appraisal Group, is one of the earliest experts in China to participate in asset securitization evaluation and interbank credit asset securitization evaluation. He is responsible for participating in more than 100 document asset securitization projects, and the product types cover public offering REITs, CMBS, REITs, CMBN and other types of projects.
Mr. Chen's speech is titled "Real Estate Company Operation Progress and Retreat under the New Economic Cycle". The speech is divided into five sections: 1. Analyze how to revitalize assets and promote market development from the perspective of market overview and policy interpretation direction; 2. Overview of the development of real estate enterprises in the post-epidemic era; 3. Key points of public offering REITs entry and operation procedures, concerns, and evaluation requirements; 4. Product characteristics and significance of public offering REITs, and comparison of REITs and public offering REITs; Finally, the selection criteria and evaluation points of REITs assets, and focus on the basic assets of public offering REITs - industrial parks.
Mr. Xiao Yue, Senior Manager of KPMG China, has extensive experience in tax benefit planning, corporate restructuring, tax due diligence, tax planning for tax-related business operations and other services, and has provided tax consulting services for many public offering REITs projects that have been successfully listed in China. Mr. Xiao delivered a speech entitled "Real Estate REITs Market Development Outlook in 2023". Mr. Xiao focused on the development prospects of the real estate public offering REITs market in 2023. First, he explained the potential opportunities of the real estate REITs market and analyzed the policy basis for the laws and regulations of consumer infrastructure issuance infrastructure REITs. Second, he shared the main tax concerns of REITs.
The focus is on the general transaction structure of infrastructure public offering REITs, the preferential policies enjoyed by domestic public offering funds, the common transaction paths and life cycle tax pain points of infrastructure public offering REITs, and the tax concerns of regulatory approval.
After a short break, Director Li Huahong and Lawyer Liang Rong, Director of the Urban Development Committee of the Housing Construction Research Center, co-chaired the second half of the roundtable, and through the introduction, they discussed a series of issues with the guests and the lawyers of the firm on how to acquire land, how to inventory, how to dispose of non-performing assets, and how to cooperate with public REITs projects. Everyone spoke enthusiastically, expressed their opinions, and expressed their own experiences, confusions, and insights on various topics. At the same time, they looked forward to the future development trend of the real estate industry.
The exchange meeting lasted for more than four hours, and the participants were all eager to meet the recovery of the real estate industry.
Round table
This exchange meeting is an important measure for the Real Estate and Construction Engineering Research Center to achieve professional accumulation, resource integration and business expansion. It will shape the brand of the law firm and the center, help the members of the center to develop rapidly, enhance social influence, and practice the development concept of "empowering and symbiosis" of Zhiheng. In the future, the Real Estate and Construction Engineering Research Center will also forge ahead, build a first-class real estate construction engineering legal service team in China, and work with partners to get out of the lost way of the industry and jointly move towards the revival era of the real estate industry.
Through in-depth exchanges, gather industry forces, explore the development trends and opportunities of the real estate industry in the post-epidemic era, and promote development together.
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Editor | Publicity Department
Review | Secretary General of Real Estate and Construction Engineering Research Center, Lawyer Lin Qiqi