中国天保集团(01427)发布公告，本公司拟订立一份企业担保协议，向中国建设银行股份有限公司怀来 支行(该银行)提供一笔最高金额为人民币8亿元的担保(担保)。该担保旨在保证本公司全资附属公司怀来 天保康养服务有限公司(怀来康养)(作为借款人)根据其与该银行(作为贷款人)订立的银行融资协议(融资 协议)妥为履行相关义务。该银行授出一笔长期贷款，将于2041年7月到期，利率为中国贷款市场报价利 率减60个基点，年度还款总额乃根据天保京北健康城业务发展设定。 董事局认为订立融资协议及提供担保的目的乃为怀来康养的业务运营提供有利融资资源，以强化其现金 流量管理及天保京北健康城的发展。 ...

Overview - The aging population and increasing health awareness in China are driving rapid development in the health and wellness real estate market, with the market size reaching 15,510 billion yuan in 2022, a year-on-year increase of 1.51% [1][11] - However, the market is expected to decline to 13,918 billion yuan in 2024, a year-on-year decrease of 5.89%, due to the transition from a new housing era to a stock housing era [1][11] Market Segmentation - Health and wellness real estate products can be categorized into six types: smart health residential communities, active senior communities, health tourism communities/towns, medical and nursing institutions, health complexes, and health industrial parks [2][5] - The main revenue models include property sales, operational services, health and wellness services, elderly care operations, and property leasing [2] Development History - The health and wellness real estate industry in China began in the 1980s, initially focusing on basic medical care and daily assistance for the elderly [6] - The concept of "health and wellness" was proposed in 2010, leading to the establishment of health tourism demonstration bases and the integration of health services with tourism and leisure [6] Current Market Situation - The health and wellness real estate market is experiencing a downturn, with a significant decline in market size anticipated in the coming years [11] - The increasing elderly population, projected to reach 21,969 million by 2024, is creating a substantial demand for health and wellness services [9] Competitive Landscape - Major real estate companies such as Poly Developments, Greentown China, and China Resources Land are actively investing in the health and wellness sector [13][16] - Poly Developments has established a comprehensive "three-in-one" elderly care system, covering professional care, cognitive care, and travel elderly care [13][15] Future Trends - The health and wellness real estate sector is expected to focus on creating age-friendly communities that cater to both elderly and younger populations, emphasizing a vibrant community atmosphere [21] - There will be a greater emphasis on location selection, favoring suburban areas or satellite cities that offer a balance of natural surroundings and urban connectivity [21]