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Consumer Infrastructure REIT Market Could Reach CNY700 billion

CHINA PRESS
MNI (BEIJING)

China’s consumer infrastructure REIT market could reach CNY700 billion in future if the market follows international trends, according to calculations by Guo Xiangyu, research director of Tsinghua University School of Finance. Beijing will soon launch the first batch of consumer infrastructure REITs, with three of the six currently approved REITs ready for listing, totalling CNY8.9 billion. Authorities will issue consumer infrastructure REITs to increase household spending while improving consumption models and the quality of commercial projects, said Song Hongwei, research director at Tongce Research Institute. (Source: Securities Daily)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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