Comparative Analysis of Reits Development in China and the USA
DOI:
https://doi.org/10.54097/hbem.v21i.14417Keywords:
Real Estate Investment Trusts (REITs); regulatory frameworks; market development.Abstract
This academic paper provides a comprehensive comparative analysis of the development of Real Estate Investment Trusts (REITs) in China and the United States. REITs have gained significant prominence as investment vehicles in the global real estate market, offering individuals and institutions the opportunity to access diversified real estate assets. The objective of this study is to investigate the historical background, legal frameworks, market characteristics, and performance indicators of REITs in China and the United States, with a focus on identifying similarities, differences, challenges, and potential opportunities for their development in each country. By examining these key aspects, this research aims to enhance the understanding of policymakers, investors, and researchers regarding the distinct dynamics and prospects of REITs in these two major economies. The findings of this analysis provide valuable insights for stakeholders interested in capitalizing on the potential of REITs as a viable investment option in China and the United States.
Downloads
References
McGrath T. Real estate investment trusts (REITs) in the United States. Journal of Property Investment & Finance, 2019, 37(5): 435-453.
Nareit. 2021 REIT industry data. Retrieved from https://www.reit.com/data-research/reit-market-data/2021-reit-industry-data, 2021.
Liang Y., Mei J. Real estate investment trusts in the United States and around the world. Journal of Economic Perspectives, 2018, 32(1): 167-192.
Eichholtz P., Kok N., Quigley J.M. Access to real estate and its impact on the investment performance of public pension funds. Journal of Urban Economics, 2018, 105: 22-40.
Cole R.A., Shafer W.E. The role of the real estate investment trust (REIT) industry in China's economy. The Journal of Real Estate Finance and Economics, 2020, 61(1): 1-19.
Shenzhen Stock Exchange. China REITs market development report 2019. Retrieved from https://english.sse.com.cn/media/news/international/Exchange%20news/7ecf05bdfb4d4c6b9d961b17e49b7ab7.pdf, 2019.
Li Z., Guo M., Qian W. A review of China's real estate investment trust (REIT) market: Past, present, and future. Journal of Property Investment & Finance, 2019, 37(3): 249-265.
Zhong L., Chen Y., Chen P. Analysis on real estate investment trusts' (REITs) benefits for the Chinese stock market. Journal of Real Estate Research, 2020, 42(3): 407-440.
Chen Z., He Y. China's real estate investment trusts (REITs): Current development and future prospects. International Journal of Real Estate Management, 2020, 2(1): 71-85.
Zhang M., Guo S. Chinese real estate investment trusts (REITs): A literature review. International Journal of Strategic Property Management, 2018, 22(5): 345-358.
Chen Y., Chen P. The opportunities and challenges of introducing REITs to China. Journal of Real Estate Portfolio Management, 2019, 25(1): 1-14.
Securities and Exchange Commission (SEC). Real Estate Investment Trusts (REITs). Retrieved from https://www.investor.gov/introduction-investing/general-resources/news-alerts/alerts-bulletins/investor-bulletins-40, 2021.
Internal Revenue Service (IRS). Real Estate Investment Trusts (REITs). Retrieved from https://www.irs.gov/businesses/small-businesses-self-employed/real-estate-investment-trusts-reits, 2021.
Downloads
Published
Issue
Section
License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.






