Insights | REIT, created by the U.S. legislation 60 years ago, finally started its testing in China

On the afternoon of June 3, The State Council of the People’s Republic of China issued the “Opinions on Accelerating the Cultivation and Development of the Housing Rental Market” and announced a series of new policies. The “Opinions” expresses that it encourages the promotion of real estate investment trust (REIT) pilot projects, on the one hand, guiding private funds to participate in commercial real estate; on the other hand, encouraging developers to sell exclusively for rent. In short, lower the threshold of commercial real estate investment, turn heavy assets into light assets, let the house be used, and let the capital flow.

美地解读 | 美国60年前立法创立的REIT,中国终于开始试点

6月3日下午,国务院办公厅发布了《关于加快培育和发展住房租赁市场的若干意见》,公布了一系列新政。《意见》全文表示鼓励推进房地产投资信托基金(REIT)试点,一方面引导民间资金参与商业房地产;另一方面,鼓励开发商专卖为租。总之,降低商业地产投资门槛,化重资产为轻资产,让房子用起来,让资金流动起来。