In recent years,with the vigorous development of the real estate market,the price and scale of real estate have been growing explosively year by year.At the same time,the continuous macro-control of the state and the ...In recent years,with the vigorous development of the real estate market,the price and scale of real estate have been growing explosively year by year.At the same time,the continuous macro-control of the state and the debt of real estate enterprises are both thundering.The high turnover and leverage operation mode is challenged,and uncompleted real estate projects are constantly emerging.Uncompleted residential buildings are considered scars to developers or cities where these projects are located.If this issue can be solved,uncompleted residential building projects can be revitalized,and the parties involved will also benefit from it.Asset management companies play a key role in the revitalization of uncompleted real estate projects by injecting new vitality into these projects and obtaining relevant policy support from the local government for the pain points and difficulties in these projects,thus promoting the revitalization of uncompleted projects.In order to discuss the approach taken by local asset management companies to revitalize uncompleted real estate projects,this paper takes ZS Asset Management Company as an example.展开更多
Based on the analysis of the characteristics of AMC＇s non-performing asset auction, this paper puts forward a model of AMC＇s non-performing asset disposal with the Game Theory thinking, explored the Nash Equilibrium...Based on the analysis of the characteristics of AMC＇s non-performing asset auction, this paper puts forward a model of AMC＇s non-performing asset disposal with the Game Theory thinking, explored the Nash Equilibrium solution to the pricing model of AMC＇s non-performing asset auction, discussed the impact of the actual value of non-performing assets, auction disposal costs and other relevant elements on auction price, analyzed the pricing and decision-making mechanism of AMC＇s non-performing asset auction with Game Theory, and provided a theoretical guide for AMC to auction the non-performing assets in practice.展开更多
文摘In recent years,with the vigorous development of the real estate market,the price and scale of real estate have been growing explosively year by year.At the same time,the continuous macro-control of the state and the debt of real estate enterprises are both thundering.The high turnover and leverage operation mode is challenged,and uncompleted real estate projects are constantly emerging.Uncompleted residential buildings are considered scars to developers or cities where these projects are located.If this issue can be solved,uncompleted residential building projects can be revitalized,and the parties involved will also benefit from it.Asset management companies play a key role in the revitalization of uncompleted real estate projects by injecting new vitality into these projects and obtaining relevant policy support from the local government for the pain points and difficulties in these projects,thus promoting the revitalization of uncompleted projects.In order to discuss the approach taken by local asset management companies to revitalize uncompleted real estate projects,this paper takes ZS Asset Management Company as an example.
基金This project is supported by National Natural Science Foundation of China （70873014）.
文摘Based on the analysis of the characteristics of AMC＇s non-performing asset auction, this paper puts forward a model of AMC＇s non-performing asset disposal with the Game Theory thinking, explored the Nash Equilibrium solution to the pricing model of AMC＇s non-performing asset auction, discussed the impact of the actual value of non-performing assets, auction disposal costs and other relevant elements on auction price, analyzed the pricing and decision-making mechanism of AMC＇s non-performing asset auction with Game Theory, and provided a theoretical guide for AMC to auction the non-performing assets in practice.
