The Asian the structured finance market is picking up momentum in recent weeks, in particular, the number of Real Estate Investment Trusts have increased dramatically alongside cross-border securitization, says a new Standard & Poor’s report.
In their newly released white paper, the total market value of REITs across Asia, including Australia, surpassed the $100 billion benchmark, due in large part to favorable regulatory frameworks, strong economic growth, and continuing improvements in property markets.
And S&P predicts that more REITs will go live this year, especially in Japan, Singapore, and Hong Kong. China, India, Malaysia, and Taiwan are also expected see more REIT activity.