随着股市的持续低迷,企业融资需求的不断增加,“影子银行”、“信托计划”、“资管计划”等词汇已逐渐被投资者所熟悉。以信托和资产管理为代表的房地产投融资产品发展的尤为迅猛。根据投中集团最近的一篇报告资料显示,截至2013年第二季度末,国内房地产信托管理资产总规模已达8100亿元。其中,仅今年上半年发行的房地产信托资金规模就已达1466.77亿元,同比增长58.72%。 As the stock market continues to slump and corporate financing needs continue to increase, the term “shadow banking”, “trust plan”, and “asset management plan” have gradually become familiar to investors. Real estate investment and financing products represented by trust and asset management are developing rapidly. According to a recent report by Investment Group, as of the end of the second quarter of 2013, the total size of the assets under management in the domestic REITs has reached 810 billion yuan. Among them, only the first half of this year the size of real estate trust funds reached 146.677 billion yuan, an increase of 58.72%.