The media said that nearly 500 billion yuan of our insurance companies into commercial real estate

500 billion crazy investment commercial real estate "China Economic weekly" intern reporter Euna Lee i Beijing reported that when the CIRC formally opened the floodgates to allow insurance funds to invest in real estate, the insurance company, which had already accumulated a lot of money, was just like a long sleepy beast, which swept through the real estate industry.　　At the end of 2010, Taikang Life, Life, Sunshine Insurance, and other eight insurance companies together to bid for Beijing CBD core business District six plots, but also reported the highest price, quite "big guy" posture, its fierce than developers.　　Reporters interviewed a number of advisory bodies agree that, although the risk to enter the property market is still in the preparatory stage, but the beginning of 2011, insurance funds or will become the main buyers of large transactions-real estate "Boss" or change the flag of the owners.　　Commercial real Estate competition in September 2010, the CIRC issued the "interim measures for the administration of the use of insurance funds" (hereinafter referred to as "measures") formally opened the insurance funds into real estate investment and equity investment in the two major channels.　　Just 4 months later, according to Ping ' an group under the Ping An trust president of the secretary Shi Yu-lei revealed that, as at the beginning of December, the major insurance companies to the CIRC for approval of the major real estate investment projects have more than 110, and in these 110 single purposes is nearly 500 billion yuan of investment insurance. Guo Jin Securities insurance industry analyst Wang Gang believes that the insurance industry has launched a battle for real estate resources, the insurance giant will become the real estate industry "big".　　In the future, he reckons, about 700 billion dollars of insurance money can be used to invest in commercial property. "This figure is obviously more conservative. "Taikang Asset executives believe the move in the second half of 2010 can only be seen as a test of water, and the real bulk investment after the opening in 2011." "The scale of Taikang's project, which includes the disclosed projects, has reached 15.7 billion yuan, but this is only the beginning." "Why the insurance companies are so in favor of commercial property" one industry personage pointed out, along with the insurance fund scale unceasing increase, the insurance capital disposition pressure also is increasing unceasingly. "Affected by the continuous regulation of the property market, commercial housing markets are not a small blow, but business real estate has become a haven of capital, it is estimated that commercial real estate yield is 5%~8%, and relatively stable."　　"He believes that with the influx of insurance funds, commercial real estate continues to rise inexorably, the future commercial property prices must rise all the way."　　The old-age community quietly layout after the gate, commercial real estate is a lot of interest in the enclosure, while the other side, planning and building a number of pension community insurance companies have quietly started. It is reported that the investment of 8 billion yuan in the "health community" first phase of the construction has been officially started, the initial period of about 800 acres, the future will gradually expand the planning, obviously, the project has placed great expectations. "This will be a new economic growth point, but also the weight of insurance investment benefits."　　"The public relations staff, said the evaluation. China Life has planned the "one South and one North" pattern of the endowment community. Chao, chairman of China Life, announced a high-profile announcement to buy more than 10 billion yuan in Langfang, Hebei provinceMu Expand the Endowment Community project, in Hainan, will build echoes of "endowment resorts." China Life related people said: "As a large financial enterprises, we are warmly received from all over the world, the main issue is the introduction of insurance funds to invest in local pension community construction, if you want to carry out real estate investment, only from the land price can get a lot of concessions."　　In addition, Taikang Life has also set up a Hong Tai aging industry Investment Management Co., Ltd., responsible for the construction of the pension community, has invested 4 billion yuan to purchase a small Tangshan Wenquan Township 2000 acres of land. At the same time, Taikang life plans to buy thousands of acres of Chongming Island in Shanghai to build a senior pension community. "The project is well received, the development concept is also recognized by the local government, indicating good prospects."　　"Taikang Asset executives think. For the sudden enthusiasm of the insurance companies to the trend of the old-age property, Wang Gang, "This is nurse." "The nature of the use of the old-age community is operating or not operating is the transfer of the Agreement or whether the recruitment of the insurance companies have disguised intervention in the case of housing development if the insurance companies want to play ' borderline ', then the CIRC will certainly come forward to govern, so that the pension community becomes a step risk chess. "For personal use" and "financing" a "trail" into commercial real estate needs to invest a large amount of capital, higher requirements, the development of pension community needs supporting construction, the risk is not small, ' for personal use ' is ' curve salvation '.　　Wang Gang believes that China's peaceful use for their own name in Beijing, Shanghai, Chengdu, and so on to take down the number of low prices are wise. Of course, "Self-built office building" is not just a peace trust. Zhejiang branch of China Life Insurance Company also to "copy the Reserve Price" competition Zhejiang Hangzhou Commercial Financial Center land. Ping An insurance and Ruian to build an agreement with 718 million Yuan acquisition of Chengdu Zhonghui Plaza two project.　　The PICC group signed a 4 billion-yuan letter of intent to buy the Capital Times Square with the relevant units in Xicheng District of Beijing. "Although these properties are marked ' for personal use ', they can be invested in a disguised form," he said.　　Wang said that China Ping ' an in the name of their own purchases of a large number of real estate projects and land, Ping ' an home mainly as a concrete implementation of the project, and Ping An trust as a financing platform for fund-raising. In this way, ping An can expand the Ping an trust capital by increasing the share capital, encourage the cooperation of third parties, or provide sufficient funds for its real estate investment business by providing secured loans to ping an property. "The after-tax profits of the Ping An trust are equivalent to the 0.5%~1% of the total amount of assets it manages, while real estate trusts can bring in up to 2% of the rate, which brings considerable profits to the company."　　"said Wang Gang.　　"Curve" in addition to their own around, you can cross the line, as long as you can reach the destination, are successful lines. Recently, China Taiping issued a notice that will spend 216 million yuan to buy Shenzhen Futian gas turbine power company 30% stake. It is understood that the company used to set up a gas generator plot, will be developed for high-end industrial uses. China's Taiping said that in the long run, it will be able to enjoy the capital of the plotPotential for value-added and rental income. "This is a wonderful trick!" "Wang Gang Sigh," 2005, the company stopped thermoelectric business, the plot is its important assets, China Taiping Stone, across the real estate and corporate equity investment in two areas, which fully embodies the Chinese insurance companies economic strength, business intelligence and enthusiasm for the real estate sector. In addition, some insurance companies also intend to borrow in real estate developers, to achieve "full cooperation." "They invite developers to actively build buildings and then tailor the commercial real estate projects to the insurance companies." This is a Maito thing.　　"A senior executive of Taikang assets revealed that companies such as Ping An, China insurance and Pacific security have approached commercial property projects in the near future, even committed to setting up specialized investment platform companies and building real estate development teams." "To buy geothermal" must be the general trend, it depends on who is quick. "The investment in the real estate sector will reach its heyday next year, which is a huge change for two industries," Wang said. 　　"2011 Room Potential Big guess questionnaire answer person: China Real Estate Association a senior person in the first-tier city of residential prices will be: C A marked rise B a small rise C and 2010 basic flat shares will be: B A sharp fluctuation B a small rally C basic flat state will also introduce what new regulatory measures C A stricter differentiated credit measures B real estate tax and property tax c Other macro means D don't introduce real estate enterprise's capital chain status how c A is abundant B capital tense c The most important factors affecting the housing market generally will be: c A monetary policy B real economic recovery c industry containment policy D affordable housing Whether the construction of the country can complete the construction of the Affordable housing project A A can b can't c some place can complete real estate "pillar industry" status will be shaken B a will not ("China Economic weekly" intern reporter Euna Lee Beijing report)