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  • China’s first publicly traded rental property REITs snapped up by investors
    Investment Property

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

    August 18, 2022 /

    A girl walks near a construction site of apartment properties in Beijing, China, July 15, 2022. REUTERS/Thomas Peter/File Photo Register now for No cost unrestricted accessibility to Reuters.com Register SHANGHAI, Aug 18 (Reuters) – China’s initial batch of publicly traded rental property genuine estate investment decision trusts (REITs) was snapped up in Shanghai and Shenzhen by generate-hungry traders this 7 days, opening up a new funding channel for the struggling serious estate sector. The a few freshly introduced REITs, dependent on cost-effective rental homes, had been every single much more than 100 periods oversubscribed between institutional traders, supervisors stated in filings. The REITs will raise a merged 3.8 billion yuan…

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    Jerry Schmidt Comments Off on China’s first publicly traded rental property REITs snapped up by investors

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