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Hong Kong New World Devt official says China rules hamper REIT plans - report.

Europe Intelligence Wire

| September 18, 2006 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From AFX Europe (Focus))

HONG KONG (XFN-ASIA) - China's latest measures to regulate foreign investment flow into the country's property sector are making it harder for foreign investors to package mainland real estate assets as REITs (real estate investment trusts), the South China Morning Post reported, citing New World Development managing director Henry Cheng. …

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