Flender/Flender Gear Units/Helical speed reduction gearboxes H4
lays an increasingly important role, these new buildings are playing host to the office workers, retail stores and hotels that

are part of the new consumption-based economy. So now, real estate continues to drive the economy far beyond the simple

act of construction. And as cities were transformed, wealth has also been created. Buying an apartment has been seen as

one of the most obvious ways to accumulate personal wealth. The problem has been, of course, some folks cant afford

to buy, and as President Xi himself noted, somewhere along the line, people started thinking of apartments as an investment, not as place to live. There is now great imbalance, with many people not able to afford to buy an apartment while others own more apartments than they need, simply because it has been the traditional, although very illiquid, route to wealth creation. Now, however, new way to both grow wealth and invest in real estate has arrived, and it doesnt require purchasing an apartment. The new method is buying an asset class called REITs. WHa aRE REIT ? REITs (Real Estate Investment Trusts) are type of security, (meaning they are listed on stock exchange) that can easily be bought and sold and are traditionally backed by portfolio of real estate assets. These assets could be group of shopping centres or office buildings, or portfolio of warehouses, or even parking garages. Normally the REITs distribute most of the income from the properties to the shareholders in the form of dividend. This would mean that each quarter, the owners of the REIT would receive money from the income the real estate assets produced. This is very mature type of investment in the United States and has been available on the Hong Kong and Singapore stock exchanges 3 3 July 2 July 2 Real Estate By Michael HartMichael hart is the Managing Director of Griffin Business Management Germany griffinbiz HB series gearbox real estate related investment and consulting firm with offices in tianjin. he can be