EVENTS
Zhu Maoyuan, Liu Borong Train HNA Property Staff in Real Estate Investment Risk Control and Structured Finance
Zhu Maoyuan, Liu Borong Train HNA Property Staff in Real Estate Investment Risk Control and Structured Finance
On June 18, 2010, Zhong Lun Law Firm senior partners Zhu Maoyuan and Liu Borong, at the invitation of HNA Property Holdings (Group) Company Ltd. ("HNA Property"), held trainings for legal and accounting personnel from HNA Property in connection with legal risk prevention in real estate investment and practical solutions to structured finance in early stages of real estate development.
Mr. Zhu systematically shared his insight into legal risk prevention in the whole process of the real estate investment and development, involving corporate matters in real estate investment and construction, primary land development, tract development, new urban construction and operation in the urbanization process, project construction, real estate transactions, real estate asset management and operations.
Mr. Liu, drawing on more than 10 years of experience in structured finance area, proposed workable and innovative financing solutions and modes through trusts, taking into account the policy restrictions imposed on China’s real estate market. Mr. Liu said, trusts have multi forms, diversified properties and objectives. Therefore, they can be structured according to different requirements and objectives, enjoying great flexibility. Mr. Liu added that compared with other financial institutions, trusts have the advantages both in the unique system of property separation and in the business of fully functional investment banks, thus capable of realizing financing, assets leasing and mixture of direct financing and indirect financing.
The trainings were aimed at meeting strategic development requirements of HNA Properties and strengthening practical financing skills and management of its staff in real estate financing and development. The trainings attracted more than 50 participants and were set to deepen cooperation between the law firm and HNA Property.
HNA Property, established in May 2007, is one of the eight subordinate businesses under HNA Group, China’s fourth largest air group and one of the Top 500 Chinese Companies. As a large-sized enterprise group, HNA Property engages in real estate development, investment and other comprehensive services.
