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强化风险隔离,“双首单”不动产信托财产登记案例在京落地
Bei Jing Shang Bao·2025-04-08 14:05

Core Viewpoint - The introduction of the "Double First Registration" for real estate trust property in Beijing marks a significant breakthrough in the registration process, facilitating the establishment of real estate trusts and addressing long-standing industry challenges [1][3][4]. Group 1: Regulatory Developments - The Beijing Financial Regulatory Bureau announced the successful implementation of the first real estate trust property registrations by Guotou Taikang Trust and Foreign Trade Trust on April 2, achieving a "zero breakthrough" in the city [1][3]. - A joint notice was issued by the Beijing Financial Regulatory Bureau and the Beijing Municipal Planning and Natural Resources Committee to establish a clear registration path for real estate trusts, making Beijing the first in the country to do so [3][4]. Group 2: Practical Applications - The first two cases of real estate trust registration focus on special needs services and charitable legacy projects, demonstrating the transition of real estate trusts from exclusive high-net-worth tools to inclusive wealth management vehicles [4][5]. - Guotou Taikang Trust set up a real estate trust for an elderly individual and their autistic children, while Foreign Trade Trust customized a trust for a middle-aged citizen, directing 50% of the trust income to charity [3][4]. Group 3: Industry Impact - The lack of a trust property registration system has been a significant pain point for the real estate trust industry, hindering risk isolation and the differentiation of trust assets from the trust company's own assets [4]. - The introduction of the notice provides a systematic guarantee for the registration of real estate as trust property, potentially resolving ownership disputes and protecting the legal rights of trust parties [4][5]. - The successful pilot in Beijing is seen as a proactive attempt to address industry pain points and may serve as a model for nationwide implementation, potentially leading to rapid growth in non-monetary trust businesses [5].