不动产信托财产登记试点再扩容 继北京、上海、广州、厦门先后开展不动产信托财产登记试点后，天津也加入了试点行列

Core Viewpoint - The pilot program for real estate trust property registration has expanded to five cities, including Tianjin, indicating a significant move towards enhancing the application of real estate trusts, particularly in addressing pension needs amid an aging population [1][2][3]. Group 1: Expansion of Pilot Cities - The pilot program has accelerated, with Tianjin joining Beijing, Shanghai, Guangzhou, and Xiamen, increasing the total number of pilot cities to five [2]. - The new notification from Tianjin introduces innovative mechanisms, such as allowing trustees to purchase real estate, which caters to diverse client needs and enhances asset management capabilities [2][3]. Group 2: Addressing Pension Issues - Real estate trusts are gaining attention for their potential to address pension challenges, as they can activate existing assets to provide funding for elderly care [3][4]. - The registration process has been clarified in pilot cities, which helps in resolving ownership issues and ensures the protection of beneficiaries' rights [3][4]. Group 3: Service Chain Extension - The growing demand for elderly care services has prompted trust companies to explore innovative service models, which can lower costs and improve asset utilization [4][5]. - Companies like Aijian Trust are developing integrated solutions that combine real estate trusts with various elderly care services, aiming to enhance the quality of life for seniors [5].