Realty's asset securitization gets fine start

Foreign financing via bonds, and REITs, expand capital inflows into property

Overseas financing of Chinese real estate companies surged 107 percent year-on-year to reach $23.32 billion from January to April. Foreign capital mainly flowed in through purchase of bonds issued by Chinese realty firms.

This, industry insiders said, shows a growing foreign interest in Chinese real estate developers as well as local players' preference for fund-raising through asset securitization.