Iran Capital Market Willing to Host Real Estate Deals

Head of the Security and Exchange Organization -the sole supervisory body in Iran's capital market – said the capital market is ready to open new vistas to finance the housing sector using its own financial instruments. 
"There are no restrictions on the physical trading of residential units at the Mercantile Exchange and sellers who want to sell via the capital market must specify the structure, area, and land details of their  property", Shapour Mohammadi told Mehr News Agency.
He said the capital market has created tools to facilitate real estate deals. The tools include issuing mortgage backed securities, setting up real estate funds, and trading land and building investment funds shares.