Budget Speech

Real Estate Investment Trusts

80. We are committed to developing the real estate investment trust (REIT) market in Hong Kong and reinforcing the city's role as a premier capital raising centre, while offering investors a wide range of investment options with relatively stable returns.  Subsidies will be provided for qualifying REITs authorised by the SFC and listed in Hong Kong in the coming three years to encourage the listing of more REITs in Hong Kong.  The subsidy will cover 70 per cent of the expenses paid to local professional service providers for the listing of REITs, subject to a cap of $8 million per REIT.  The SFC will announce relevant details in due course.