PE fund investments to energise China property sector

The China Securities Regulatory Commission (CSRC) announced a pilot programme on Monday to allow PE funds to invest in residential housing, including projects under construction, affordable homes and rental projects. — Reuters

SHANGHAI: The latest approval given to private equity or PE firms to invest in the property sector in China will help funnel more capital into real estate companies and ensure the stability of the entire industry, experts say.

The China Securities Regulatory Commission (CSRC), the country’s top securities watchdog, announced a pilot programme on Monday to allow PE funds to invest in residential housing, including projects under construction, affordable homes and rental projects.