The structure of real estate security consists of investment trust and assets trust,that is Trust System,SPV.This act has established investment trust by referring to American REIT and set up assets trust by combining Financial Assets Security Act.

• 不动产证券化的组织架构分为不动产投资信托和不动产资产信托,即信托制SPV。 《条例》借鉴美国REIT设计了不动产投资信托制度,同时结合《金融资产证券化条例》设计了不动产资产信托制度。