China Takes First Steps Toward $3 Trillion REIT Market

(Bloomberg) — For the longest time, the only way to get exposure to China’s real estate market, for mom and pop investors at least, was to buy a house.That’s all set to change with the advent of real estate investment trusts.China kicked off a REIT trial in late April that will initially focus around pooling capital to fund infrastructure projects like highways and airports. If successful, the program may be expanded to include traditional real estate, exposing individual investors to a market Goldman Sachs Group Inc. estimates could one day be worth as much as $3 trillion.For retail investors, it …read more

Source:: Yahoo Finance

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