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English > Finance&Economy > Finance-Breakingnews>Pilot Project for REITs under Review

Pilot Project for REITs under Review

01-06 17:57 Caijing Magazine

Full article in Chinese: http://www.caijing.com.cn/2009-01-06/110045321.html

- The People’s Bank of China has drafted a basic formula for Real Estate Investment Trusts.

- The State Council and other regulatory bodies are reviewing the proposal.

- REITS are intended to finance property developers.

 

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