Market Forecast By Type (Industrial, Commercial, Residential), By Application (Warehouses And Communication Centers, Self-storage Facilities And Data Centers, Other) And Competitive Landscape
| Product Code: ETC6752318 | Publication Date: Sep 2024 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
According to 6Wresearch internal database and industry insights, the China REIT Market is projected to grow at a compound annual growth rate (CAGR) of 8.6% during the forecast period 2026-2032.
Below mentioned is the evaluation of year-wise growth rate along with key growth drivers:
| Year | Est. Annual Growth (%) | Growth Drivers |
| 2021 | 4.1% | Initial pilot launch of public infrastructure REITs |
| 2022 | 5.3% | The rising institutional participation and asset monetization |
| 2023 | 6.5% | More expansion of logistics parks and data center assets |
| 2024 | 7.4% | Regulatory clarity and broader asset eligibility |
| 2025 | 8.1% | The strong inflows into industrial and commercial REITs |
The China REIT Market report thoroughly covers the market by type and application. The report provides an unbiased and detailed analysis of emerging investment patterns, regulatory developments, income stability, and portfolio diversification benefits. It assists investors, developers, and policymakers in aligning strategies with evolving capital market dynamics, infrastructure funding needs, and long-term asset monetization opportunities across China’s real estate investment ecosystem.
| Report Name | China REIT Market |
| Forecast Period | 2026–2032 |
| CAGR | 8.6% |
| Growing Sector | Infrastructure and Industrial REITs |
China REIT Market is anticipated to witness robust growth due to increasing demand for infrastructure funding, rising institutional investments, and supportive government regulations. Greater benefits are expected for the market as mature assets such as logistics parks, special economic and industrial zones, and data centers are monetized through REIT structures. Moreover, stable rental income, improved transparency, and increased participation from pension and insurance funds are expected to improve investor confidence and enhance the overall robustness of China’s REIT market.
Below mentioned are some prominent drivers and their influence on the market dynamics:
| Drivers | Primary Segments Affected | Why it Matters (Evidence) |
| Expansion of Logistics & Warehousing | Industrial; Warehouses | E-commerce expansion and trade activity increase demand for stable, income-generating logistics and warehouse assets. |
| Institutional Investor Participation | Commercial; Residential | Long-term capital inflows from pension and insurance funds help stabilize REIT valuations and reduce market volatility. |
| Growth of Data Centers | Commercial; Communication Centers | Rising digitalization drives demand for data centers, ensuring predictable rental income and long-term lease stability. |
| Favorable Regulatory Framework | All Types | Clear defined REIT regulations improve transparency, reduce risk perception, and enhance investor confidence. |
| Portfolio Diversification Demand | All Types | Investors increasingly use REITs to achieve balanced risk exposure across asset classes and income streams. |
China REIT Market is expected to grow at the CAGR of 8.6% during the forecast period of 2026-2032. Growth is driven by expanding logistics infrastructure, increasing institutional investments, and rising adoption of REITs as stable income-generating instruments. Additional momentum comes from government-led infrastructure monetization, increasing transparency, and diversification of eligible asset classes, which together strengthen long-term market sustainability and investor participation.
Below mentioned are some major restraints and their influence on the market dynamics:
| Restraints | Primary Segments Affected | What This Means (Evidence) |
| Limited Asset Eligibility | Residential; Others | Restricts portfolio diversification as only selected asset classes qualify for REIT inclusion under current regulations. |
| Yield Sensitivity to Interest Rates | All Types | Rising interest rates can reduce yield attractiveness and negatively impact investor return expectations. |
| High Compliance Requirements | Commercial; Industrial | Increases operational and reporting costs for REIT managers, affecting overall profitability. |
| Limited Retail Awareness | All Types | Slows market penetration among retail investors due to low understanding of REIT structures and benefits. |
| Asset Valuation Risks | Commercial | Fluctuations in property valuations can impact net asset value (NAV) stability and investor confidence. |
Irrespective of strong growth potential, the China REIT Industry faces challenges such as restricted inclusion of residential assets, complex compliance norms, and sensitivity to macroeconomic conditions. Moreover, risks related to asset valuation fluctuations, changes in regulatory interpretation, and limited awareness among retail investors may adversely affect market growth. Therefore, addressing these challenges through policy enhancements, targeted investor education initiatives, and continuous product innovation is essential to ensure sustained long-term growth of the market.
Key trends shaping the growth landscape of the China REIT Market Growth include:
Some prominent investment opportunities in the China REIT Market include:
Some leading players operating in the China REIT Market include:
| Company Name | China Merchants REIT |
| Established Year | 2021 |
| Headquarters | Shenzhen, China |
| Official Website | Click Here |
China Merchants REIT focuses on logistics parks and transportation infrastructure, offering stable long-term rental income and supporting national supply chain efficiency initiatives.
| Company Name | CICC Infrastructure REIT |
| Established Year | 2021 |
| Headquarters | Beijing, China |
| Official Website | Click Here |
CICC Infrastructure REIT manages diversified infrastructure assets including industrial parks and highways, enabling capital recycling and improved asset utilization.
| Company Name | Ping An Infrastructure REIT |
| Established Year | 2021 |
| Headquarters | Shenzhen, China |
| Official Website | Click Here |
Ping An Infrastructure REIT leverages strong financial backing to invest in high-quality industrial and commercial infrastructure assets across China.
| Company Name | GF Fund REIT |
| Established Year | 2021 |
| Headquarters | Guangzhou, China |
| Official Website | Click Here |
GF Fund REIT focuses on logistics and industrial properties, providing investors with steady yields and long-term growth exposure.
| Company Name | Huaxia REIT |
| Established Year | 2021 |
| Headquarters | Beijing, China |
| Official Website | Click Here |
Huaxia REIT manages mature infrastructure assets and supports government-led infrastructure monetization through transparent REIT structures.
According to China Government Data, several initiatives have strengthened the REIT framework. The National Development and Reform Commission expanded eligible asset categories to include logistics parks and data centers. Additionally, the China Securities Regulatory Commission introduced standardized disclosure norms to improve transparency. Infrastructure owners are more likely to use REITs as they get better tax treatment and easier approval processes.
The outlook for the China REIT Market remains positive due to growing infrastructure needs, more institutional investments, and ongoing regulatory support. Adding a wider range of asset classes, making more investments that focus on ESG, and getting more people involved in the capital market will all help the economy grow in the future. Improvements in asset management and more honesty will boost investor confidence even more and open up new ways to make money in China's real estate market.
According to Mohit, Senior Research Analyst, 6Wresearch, the Industrial segment dominates the China REIT Market Share due to strong demand for logistics parks, warehouses, and industrial zones. The fact that the lease tenures are of long duration, occupancy levels are high, and the REITs are exposed to trade and electronic commerce developments helps to ensure consistent cash flow.
Warehouses and Communication Centers account for the major market share as they experience a growing trend in the logistics, information technology, and data consumption sectors. Such properties create a stable source of rental income due to long leases and advantageous locations closer to urban areas, thus maintaining a prominent position in applications using REITs.
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 China Reit Market Overview |
| 3.1 China Country Macro Economic Indicators |
| 3.2 China Reit Market Revenues & Volume, 2022 & 2032F |
| 3.3 China Reit Market - Industry Life Cycle |
| 3.4 China Reit Market - Porter's Five Forces |
| 3.5 China Reit Market Revenues & Volume Share, By Type, 2022 & 2032F |
| 3.6 China Reit Market Revenues & Volume Share, By Application, 2022 & 2032F |
| 4 China Reit Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.2.1 Favorable government regulations promoting the development of REITs in China |
| 4.2.2 Increasing demand for alternative investment options in the real estate sector |
| 4.2.3 Growing interest from institutional investors in REITs as a way to diversify portfolios |
| 4.3 Market Restraints |
| 4.3.1 Limited availability of high-quality real estate assets suitable for REIT structures |
| 4.3.2 Lack of investor awareness and understanding of REITs in China |
| 5 China Reit Market Trends |
| 6 China Reit Market, By Types |
| 6.1 China Reit Market, By Type |
| 6.1.1 Overview and Analysis |
| 6.1.2 China Reit Market Revenues & Volume, By Type, 2022- 2032F |
| 6.1.3 China Reit Market Revenues & Volume, By Industrial, 2022- 2032F |
| 6.1.4 China Reit Market Revenues & Volume, By Commercial, 2022- 2032F |
| 6.1.5 China Reit Market Revenues & Volume, By Residential, 2022- 2032F |
| 6.2 China Reit Market, By Application |
| 6.2.1 Overview and Analysis |
| 6.2.2 China Reit Market Revenues & Volume, By Warehouses And Communication Centers, 2022- 2032F |
| 6.2.3 China Reit Market Revenues & Volume, By Self-storage Facilities And Data Centers, 2022- 2032F |
| 6.2.4 China Reit Market Revenues & Volume, By Other, 2022- 2032F |
| 7 China Reit Market Import-Export Trade Statistics |
| 7.1 China Reit Market Export to Major Countries |
| 7.2 China Reit Market Imports from Major Countries |
| 8 China Reit Market Key Performance Indicators |
| 8.1 Average dividend yield of listed REITs in China |
| 8.2 Growth in the number of REIT offerings in the market |
| 8.3 Occupancy rates of properties held by REITs in China |
| 8.4 Total assets under management (AUM) of REITs in China |
| 8.5 Percentage of institutional investors' portfolios allocated to REIT investments |
| 9 China Reit Market - Opportunity Assessment |
| 9.1 China Reit Market Opportunity Assessment, By Type, 2022 & 2032F |
| 9.2 China Reit Market Opportunity Assessment, By Application, 2022 & 2032F |
| 10 China Reit Market - Competitive Landscape |
| 10.1 China Reit Market Revenue Share, By Companies, 2025 |
| 10.2 China Reit Market Competitive Benchmarking, By Operating and Technical Parameters |
| 11 Company Profiles |
| 12 Recommendations |
| 13 Disclaimer |
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