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China to Introduce Real-Estate Investment Trusts (Update1) (Bloomberg) - Jan. 6 (Bloomberg) -- China’s central bank and banking regulator are formulating a plan to allow developers to raise funds through real-estate investment trusts, or REITs, hoping to restart construction projects hamstrung by financing issues.

China to Introduce Real Estate Investment Trusts, Qi Says (Bloomberg) - Jan. 6 (Bloomberg) -- China’s central bank and bank regulator are formulating a plan to allow developers to raise funds through real estate investment trusts, or REITs, said the country’s vice housing minister.

Poly Real Estate 2008 Property Sales Rise to 20.5 Billion Yuan (Bloomberg) - Jan. 6 (Bloomberg) -- Poly Real Estate Group Co. , China’s second-largest publicly traded developer, said property sales rose 20.4 percent to 20.5 billion yuan ($3 billion) last year.

Maine real estate taxes down (Boston Globe) - The real estate slump is resulting in declining real estate transfer tax collections across northern New England.