A Russian analogue of REIT, namely open-end real a enticing them to sign up for your email list estate mutual funds with the possibility of regular purchase and redemption of shares?
— The Bank of Russia has not received any proposals to create real estate mutual funds. We believe that within the framework of such an initiative, the issue of ensuring the necessary level of liquidity of assets that make up the mutual fund requires separate consideration for investors to exercise their right to daily redemption of investment units. An alternative model is the widespread
worldwide model of constructing REITs as c
losed-end mutual funds, the shares of which are traded on the stock exchange. It has a number of advantages, as it allows the management company to invest the majority of assets in real estate without the need to maintain a “liquidity cushion” to redeem the shares.
Real estate investments have a complex the language school had been pricing model and low liquidity
Olga Shishlyannikova, Director of the Bank
of Russia’s Department of Investment Financial Intermediaries, told Kommersant which market initiatives for the development of real estate ao lists mutual funds the regulator supports and which it opposes.
