REIT's (Real Estate Investment Trusts) are fairly new to Mongolia, Mongolian Properties launched a REIT in 2005 with a nine months fixed term which returned over 37% in return on investment. Mongolian Properties is launching a new REIT in the near future on 25million USD listed in Dublin and investing in Mongolia. A few other companies are expected to launch REIT's in the near future. Because they are a reasonably sophisticated and new investment mechanism the Mongolian Government has not yet decided how to rule them, as such at this present time they have great potential as the market is very much unregulated in terms of fiscal restrictions and any law woul take a long time before implemented. For further information on REITs Mongolian Properties is the leading agency in Mongolia which is working on them while the Foreign Investment and Foreign Trade Agency will also have details concerning the investment vehicule.