Study on the Model of Real Estate Investment Trusts in China

China's real estate industry is showing a growing trend of rapid development, it also has resulted in the rapid growth of the credit assets scale of commercial banks and demand for funds on real estate development and consumption. It is particularly important to effectively use financial instruments and means to reduce the financial risks and maintain the healthy development of real estate. Real Estate Investment Trusts (RETIs), as real estate investment vehicles of the capital market, which can invest in real estate through raising disengaged funds from society is a comparatively good financing tool. This paper studied on the operation model of the domestic real estate investment trusts (REITs) under domestic policy and legal environment, and then raised the countermeasures for our REITs' development.