Challenges and Opportunities for Public Infrastructure REITs in China

Abstract

With the enactment of the “Notice on Promoting the Pilot Work Related to Real Estate Investment Trusts (REITs) in the Infrastructure Sector” in 2020, China has opened a new era of public infrastructure REITs on the mainland jurisdiction. Based on this background, this paper summarizes the complex operational structure of public infrastructure C-REIT, analyzes the potential legal risks of the structure accordingly, and proposes corresponding suggestions for improving the investor protection mechanism of public infrastructure C-REIT.