China’s real estate investment trust (reit) market could potentially be worth more than 12 trillion yuan (US$1.8 trillion), surpassing the US reit market’s size, if legal and tax barriers were removed, according to a Peking University report.
The report, released by the university’s Guanghua School of Management on Tuesday, based its estimation on China’s gross domestic product and total property market value relative to those in developed economies.
With a GDP of…
Source : South China Morning Post
Read more…China’s reit market could surpass US’ if barriers were removed, says Peking University
