Hong Kong Securities and Futures Commission Consults Public on Proposed REIT Code Amendments

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Recognizing the recurrent income generating product nature, the SFC may lift some restrictions on investment scope for Hong Kong listed REITs.

On 27 January 2014, the Securities and Futures Commission (SFC) commenced a one-month consultation on proposed amendments to the Code on Real Estate Investment Trusts (REIT Code). The purpose of the amendment exercise is to introduce greater flexibility in the investment scope of real estate investment trusts (REITs) listed in Hong Kong.

Background -

Following extensive soft consultations with various industry participants and the SFC Committee on REITs and taking into account the discussions and developments in comparable overseas jurisdictions, the SFC considers now an appropriate time to revisit some investment restrictions in the REIT Code.

Please see full publication below for more information.

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