The measure is one of several outlined at a recent meeting to bolster the property sector and the capital market in the year ahead.
December 28, 2022The National Housing Infrastructure Facility will be used to attract investment from super funds and institutional investors into the social and affordable housing sector.
November 11, 2022New rules specify that proceeds raised from affordable housing REITs may not be used to finance commercial housing and commercial real estate development projects.
July 27, 2022New rules were issued to facilitate the issuance of affordable rental housing REITs, and to enable already-listed infrastructure REITs to acquire more assets.
June 2, 2022The CSRC plans to allow publicly offered REITs to acquire affordable rental housing projects, saying this will help to increase the supply of housing.
March 22, 2022Loans provided to support affordable rental housing projects will not be included in the real estate loan concentration limits.
March 8, 2022Loans to fund public rental housing projects will no longer be subject to rules that require banks to reduce their loan exposures to the property sector.
February 10, 2022