Before the implementation of 2005 REITs guidelines, LPTs are required to be subsidiaries of financial institutions and the investors think this hinders LPTs from acquiring prime, high-yielding properties. Investors feel the existing real estate assets of LPTs are not attractive, causing low transaction volume and resulted in the lowered liquidity level of LPTs market. Overall, most investors want an average daily transaction volume of at least 250,000 units as evidence of liquidity in the REITs market. In response, REIT corporations intend to inject their prime and more renowned properties into the.