On 30th April 2020, The National Development and Reform Commission and The Securities Regulatory Commission jointly released the "Regulations regarding the Launch of China Infrastructure Real Estate Investment Trust (REITs)". This announcement marks the beginning of C-REITs in the Chinese market.
Asia Pacific Real Estate Association (APREA) has been actively supporting the launch of REITs in China. APREA offers views and experience from International REITs markets to help craft a unique China REIT regulatory framework. In addition, APREA has been promoting REITs knowledge globally to increase awareness of REITs potential.
With this regard, APREA has invited key players in the REITs industry to share their thoughts on C-REITs potential. The China REITs Handbook" is an educational manual on China's REITs, to allow the public, industry personnel and investors to better understand China's REITs. Asia Pacific Real Estate Association together with King & Wood Mallesons (China), KPMG (China), Cushman & Wakefield (China), and Guanghua School of Management, Peking University have jointly produced this manual.
Click Here To Purchase Download the Report Read More随着今年4月30日国家发改委和证监会联合发布的《关于推进基础设施领域不动产投资信托基金(REITs)试点相关工作》的通知,标志着中国公募REITs新的起航。
亚太房地产协会(APREA)也在积极协助推动中国REITs的发展,为中国提供我们国际REITs先进经验,以协助建立即具中国特色又具国际竞争力的REITs制度而努力。同时,协会也在积极参与REITs的教育和普及,让更多人认识REITs。
对此,协会有幸邀请到国内众多知名REITs专家和学者一同撰写《中国REITs手册》,此手册为一个持续更新的普及中国REITs的教育型手册,为让大众、行业人员及投资者更好地理解中国REITs。本手册由亚太房地产协会(APREA)、北京大学光华管理学院、金杜律师事务所(中国)、毕马威(中国)、戴德梁行(中国)的专家、学者共同完成。
Download the Report Read MoreCOVID-19 impacts are being felt across the REIT space. However, sectors will be impacted differently by both COVID-19 itself and the behaviors and measures that will be taken to address the outbreak. While at the time of this writing, REITs are likely oversold, pricing in the REIT market is diverging between property types, which could point to the future direction of private market values.
Download the Report Read MoreThe Ministry of Finance (MOF), the Inland Revenue Authority of Singapore (IRAS), and the Monetary Authority of Singapore (MAS) today announced new measures to provide real estate investment trusts listed on the Singapore Exchange (S-REITs) with greater flexibility to manage their cash flows and raise funds amid a challenging operating environment due to COVID-19. These comprise an extension of the deadline for distribution of taxable income by MOF and IRAS, as well as a raising of the leverage limit and deferment of new regulatory requirements by MAS.
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Download the Report Read MoreThe impact of the pandemic has been pervasive with economic dislocations now reverberating across the world, hitting consumption, tourism, and supply chains. Financial market volatility has also increased with equity prices dragged lower through 2020. While REITs have not been spared in the current selloff, the recent price drops have upped the distribution yields of the region’s REITs, which rose to 4.4% in February, from 4.0% in January, according to the GPR/APREA Composite REIT Index. Yields for Singapore REITs rose 0.3 percentage points to 5.3% in the same period.
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