Estate develops business to take house property pay a debt in kind or by labor, much the Ceng Lvjian year ago is not bright. This year the beginning of the year, a friend asks a reporter, development business always is procrastinating not to return money, saying is to should take pay a debt in kind or by labor of a few houses, want a house or waiting to return money? After a few months, this development business with respect to suspend payment.
Since this year, room look forward to is accelerated from let the market be worried. Net of people court announcement shows, up to on July 23, the whole nation had suspend payment of 271 estate company to liquidate 2019. Look from dimensions of room look forward to, little room look forward to holds great majority in, and center at 34 lines city.
Look forward to of the Xiaofang in be more
Capital insecurity is common difficult problem
Since this year, the whole nation has had companies of 271 real estate of the Xiaofang in the home in succession suspend payment liquidation, there is no lack of among them look forward to of a few large houses, be in for instance the whole nation 500 strong appear on the market one billion four hundred and ten million and sixty-five thousand four hundred and eight yuan inside room look forward to -- silver-colored 100 million groups, 50 billion yuan weigh is achieved to fall in indebted dimensions,
Nevertheless, little room look forward to still holds great majority in, and be in more 3, 4 lines city. Below the circumstance that in financing big environment tightens up, compare large house look forward to the financing cost of 5% less than and can be in harmony is told to the actual strength of capital, provoking is inadequacy of reserve of volume of a lot of financing is medium little room look forward to.
"Cost of capital of some rooms look forward to has been broken through 15% , below indebted and exorbitant circumstance, most finance orgnaization already cannot be these company fund. " tall canal of look forward to of a room expresses, once debt expires,be like and cannot repay, cause will be capital catenary ruptures, final trend goes bankrupt liquidation.
Capital catenary is nervous, was last year since the common difficult problem of room look forward to. Different is, of different company " save oneself " politic and different. Current line market is transmitted go changing rate is far under 60% when, the practice of 10 thousand divisions is sales promotion accelerates a money, lay in cash hibernate; Some room look forward to choose to have diversity position, transition enters new circuit; More enterprise is predicament of straight face capital, sale item seeks to live on.
Have an insight into already market of a gleam of already the enterprise of be issued to lower levels, decision-making relatively decisive person, general meeting is started make over capital plan, reservation part equity seeks high grade partner, have certain speech right. For instance this year May, some Fujian fastened room look forward to to transfer many projects equity, search co-worker to be held jointly dish, circumfluence cash while, also reduced independence to hold dish scale, reduced a risk.
Having a company additionally is to be forced resell project. The new city that still manages public opinion center accuses to released announcement to say a few days ago, already negotiating, negotiate the item that sell to be 40 about (contain add up to an affiliation project) , trade clinch a deal amount is 2.4 billion yuan about, take a company about 2018 8% without net assets of parent company of audit vest in.
To receiving dish square, new city accuses a relevant personage to say, specific it is with announcement accurate. Nevertheless, additionally the personage inside course of study says, the person that specific company invests a ministry and arrange with of new city respect attribute normal phenomenon, but whether can eat finally come down, with why be being planted the price eats come down to return bad to say.
Expert: In imagining miserable intense
Research center of Shenzhen city estate is high researcher plum Yu Jia expresses: "Amount of Chinese room look forward to is overmuch, and be not each is it is a purpose with living for a long time, room look forward to goes bankrupt to be in order to make over the form of the project more terminative, exit in imagining miserable intense. " basis the whole nation is industrial and commercial 2018 the statistic of the bureau, the estate that register is registered to develop business altogether in industrial and commercial bureau 97 thousand, the amount cannot say for not much.
"In look forward to of so much room, it is large house look forward to creates subsidiary in different city more very, after the project in these cities is finished or when doing not have likely item, subsidiary is exited with respect to the form that liquidates with going bankrupt. Still look forward to of a few rooms establishs empty shell company to be used avoid duty, should finish avoid also go bankrupt after tax end exit place. " plum Yu Jia expresses, this kind of circumstance can happen every week.
Nevertheless, plum Yu Jia also is agreed with, credit condition is tightened up this year, aggravate the financing difficulty of medium and small businesses, this also brings about partial room to look forward to ruptures because of capital catenary and go bankrupt. Show according to statistical bureau data, 1-6 month, estate development company reachs the designated position capital eight thousand four hundred and ninety-six billion six hundred million yuan, grow 7.2% compared to the same period, fall after a rise of month of increasing ratio 1-5 0.4 percent.
In addition, on July 12, national hair changes appoint release " issue external debt to apply for to put on record to estate company the announcement that registers concerned requirement " , requirement estate company issues external debt to be able to be used at displacement future only what expire inside year is medium Wu of long-term condition external debt. Room look forward to issues external debt to be able to be used at repaying only dead horse, those who mean room look forward to again one financing channel is tightened up.
"Financing is more and more difficult, its are advantageous to big company as a result, in the project in hand of little room look forward to is bought by big house look forward to, this kind of circumstance still can last in second half of the year. " plum Yu Jia says.
Financing environment is tightened up besides, in also having, oneself of little room look forward to is managed not the element of beautiful. Severe leap forward of chief inspector of research of wisdom warehouse center expresses easy house academy, medium and small businesses goes bankrupt, sell the bad, opportunity that take the land not to wait more with the building about. Look from policy level, include to be restricted to buy, be restricted the policy such as carry out, also can affect its building sale, form finally to look forward to of the Xiaofang in the part restrict and restrict. But the aggrandizement that stimulates strength as economy, the room look forward to with partial strong competition ability, include look forward to of the Xiaofang in the part, still the opportunity rises abruptly. The 34 lines city with for instance better program, will a lot of new markets expand a scope.
