‘Quasi-REITs’ catch on in China

China’s central bank has authorised the first sale of a “quasi” real estate investment trust (REIT) in the vast interbank bond market, in a move that greatly expands the investor base for the new asset class amid rising commercial property values. State-owned Anhui Xinhua Media last week launched Industrial Wanxin Jiayue Real Estate Investment Trust Fund ABS, a 553.5 million … http://reut.rs/2uNXbug

Leave a comment

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.