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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.

Real estate mogul dead in apparent suicide (Chicago Sun-Times) - Steven Good, a major figure in Chicago real estate, was found shot dead in a Kane County wildlife preserve, police said Monday. Good, 52, appeared to be the victim of a self-inflicted gunshot wound, police said. They said his body was found in a car parked in the Max McGraw wildlife preserve near East Dundee.