April 25, 2018 / 9:19 AM / 5 months ago

China will launch real estate investment trust pilot programme - regulator

BEIJING, April 25 (Reuters) - China will launch a real estate investment trust (REIT) pilot programme and promote all types of securitisation products with debt-like characteristics, the housing ministry said on Wednesday.

China will also support efforts by housing companies to convert idle commercial office buildings into rental homes and issue asset-backed securities, the ministry said on its website.

Reporting by Beijing Monitoring Desk; Editing by Kim Coghill

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