Chinese officials consider Reits strategy
To understand how Reits may be used to fund affordable housing, government figures and developers are preparing to go on overseas study tours.
The Asia Pacific Real Estate Association (Aprea) is organising overseas study tours for Chinese government officials and developers to aid their understanding of affordable housing and Reits.
Three tours are already in the pipeline to nations such as Singapore and Australia, confirms Peter Mitchell, chief executive of Aprea, which announced yesterday it had opened a China chapter, its ninth across the region.
Asked about the potential for real estate investment trusts in China, …
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