Property News · April 26, 2018

China to pilot real estate investment trusts, moves a step closer to US$1.8 trillion market


China moved a step closer to standard real estate investment trusts (Reits) on Wednesday, after the government said it would pilot a product to support the residential leasing market, kick starting a market that could potentially be worth US$1.8 trillion.
In a document released by the China Securities Regulatory Commission and the country’s housing ministry, the government encouraged the securitisation of rental projects, which could open an important financing channel for builders and…

Source : South China Morning Post
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