Massive urban growth to drive China's Reits market
For anyone doubting the sustainability of China’s growth story, the scale and expected demand for quality real estate assets is going to grow strongly in the next 10 years, according to a new report.
The development of a real estate investment trust (Reit) market in China has the potential to double the size of Asia’s listed real estate market, according to an industry expert.
It comes as a recent Deutsche Bank report estimated the potential size of China’s Reit marketplace at around $172 billion.
Peter Verwer, Singapore-based chief executive of the Asia Pacific Real Estate Association (Aprea), said: “Whichever way you look at the numbers, a mainstream C-Reits platform wou…
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