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Zheng Quan Ri Bao·2025-09-25 23:25

Core Viewpoint - The pilot program for real estate trust property registration has expanded to five cities, including Tianjin, indicating a significant move towards utilizing real estate trusts as a tool for addressing aging population issues and enhancing wealth management [1][2]. Group 1: Expansion of Pilot Program - The pilot program for real estate trust property registration has accelerated, with Tianjin joining Beijing, Shanghai, Guangzhou, and Xiamen [2]. - The new regulations introduced in Tianjin allow for innovative methods of real estate trust registration, including the option for trustees to purchase real estate, thus catering to diverse client needs [2][3]. - The pilot program aims to enhance the flexibility of real estate trusts by broadening the range of beneficiaries [2]. Group 2: Addressing Aging Population Needs - Real estate trusts are seen as a viable solution for addressing the financial needs of the aging population by unlocking existing assets and providing a source of retirement funding [3][4]. - The property transfer and trust registration model aims to clarify ownership rights, thereby protecting the interests of beneficiaries [3]. - The integration of real estate trusts into the retirement planning landscape is expected to improve asset utilization and reduce costs compared to traditional retirement methods [4]. Group 3: Industry Innovations and Services - Several trust companies are actively promoting real estate trust services, particularly in the context of retirement finance [5]. - Companies like Shanghai Trust and Aijian Trust are innovating their business models to include comprehensive services that connect real estate trusts with quality retirement institutions [5]. - Aijian Trust is focusing on a "house-for-pension" model that maintains elderly individuals' control over their properties while providing integrated financial and retirement services [5].