31.07.2009 - China to launch REITs in inter-bank market
From Forbes.com: China will soon allow the launch of real estate investment trusts (REITs) in the inter-bank market, a local newspaper reported on Thursday, a move that would give developers more exit options and expand channels for Chinese investors. The Shanghai-based Oriental Morning Post said trust firms with registered capital topping 500 million yuan ($73.19 million) would be allowed to issue REITs to banks, mutual funds, insurers, securities firms and finance companies, either in the inter-bank market or through private placements..........Full Article: Source