In the period before 2001, Asia had merely 4 property trust funds listed on the Bursa Malaysia, and now, a mere six years later, Asia has a total of 68 REITs or REIT-like vehicles have been listed.

Along with the rapid emergence of Asia real estate investment trust, the regulatory environment is also evolving continuously to provide greater support to market development, a process that is driven by demand as well as competition between countries to attract institutional investors and sponsors.

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