Published 2 years ago

China's first publicly traded rental property REITs snapped up by investors

Summary by Ground News

China's first batch of publicly traded rental property real estate investment trusts (REITs) were snapped up in Shanghai and Shenzhen. The three newly launched REITs, based on affordable rental properties, were each more than 100 times oversubscribed among institutional investors. The rental property REIT launches come as Beijing steps up efforts to aid the real estate business.

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Reuters

China's first publicly traded rental property REITs snapped up by investors

SHANGHAI - China's first batch of publicly traded rental property real estate investment trusts (REITs) was snapped up in Shanghai and Shenzhen by yield-hungry investors this week, opening up a new financing channel for the struggling real estate sector. The three newly launched REITs, based on affordable rental properties, were each more than 100 times oversubscribed among

2 years ago·United Kingdom

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