X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Jim Sullivan of Green Street Advisors Sullivan writes that creating a REIT structure in China could lower the cost of capital for real estate companies in the market .

NEWPORT BEACH, CA—Jim Sullivan, President of Green Street’s Advisory Group, recently traveled to China for two REIT-related conferences. China does not yet have a REIT structure. Consequently, the key mission of the conferences was to educate the market on the pros and cons of the structure and to outline “best practices” in markets where REITs have been successful. This article highlights his key takeaways.

Two REIT conferences recently took place in Beijing, China. Both were designed to educate market participants about the REIT structure and the “best practices” that have contributed to the rapid expansion of the REIT market in the US and several other countries around the world. China is the second largest economy in the world, and its commercial real estate market is expanding rapidly. However, China currently does not have a REIT regime. The creation of a REIT structure in China could lower the cost of capital for real estate companies in the market while also providing an efficient and liquid investment vehicle for institutional and retail investors.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.