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China plans to expand REITs to support its property sector and ease developer liquidity.
Summary
China's securities regulator is pushing for faster growth in the Real Estate Investment Trust (REIT) market by including commercial properties like hotels and offices. This initiative seeks to alleviate financial strain on developers and satisfy investor appetite in a struggling property market.
Key Points
- China's securities watchdog is advocating for the expansion of the public REIT market.
- The focus is on including commercial properties such as hotels and offices.
- The aim is to ease liquidity pressures faced by developers.
- The move is intended to meet investor demand for yield.
- This is happening in the context of a sluggish property market in China.
Full Article
China's securities watchdog is urging the rapid expansion of the public REIT market, advocating for commercial properties like hotels and offices to be listed soon. This move aims to ease developer liquidity pressures and meet investor demand for yield amid a sluggish property market.
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