All systems go for HK reit market

The SFC reveals the results of its consultation period, setting the green light for new reit authorizations and licenses.

Nick Lord

June 16, 2005

Hong Kong's Securities and Futures Commission (SFC), yesterday revealed the results of its two-month period of market consultation on the development of a cross-border reit market. As a result, new reits will now be able to get authorization and reit managers can apply for licenses. The move is likely to kick start Hong Kong's moribund reit market.

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