China to launch first residential REITs to revive COVID-hit economy

China to launch first residential REITs to revive COVID-hit economy

Beijing, China. Photo by zhang kaiyv on Unsplash

China’s first public real estate investment trusts (REITs) based on residential properties will be launched soon, as regulators step up efforts to channel fresh capital into the struggling real estate sector and aid a virus-hit economy.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter