China plans to expand REITs scheme to energy, water resources - state media
- Country:
- China
China's securities regulator will expand the pilot scheme for Real Estate Investment Trusts (REITs) to include assets such as new energy and water resources, the official China Securities Journal reported on Thursday.
The China Securities Regulatory Commission (CSRC) will also encourage qualified private-owned projects to list in the form of REITs, the newspaper said, citing unnamed regulatory sources.
Currently, China only allows REIT listings of infrastructure projects and affordable rental housing.
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