Bank China Dollar Investment Real Estate Retail Shanghai stock exchange
The China public Real Estate Investment Trusts (REITs) market reached a milestone as the first batch of commercial REITs were collectively listed on the stock exchange. Four products, including Huatai Shanghai Real Estate Commercial REIT, CITIC Construction First Agricultural Commercial REIT, Guotai Haitong Sand Ship Commercial REIT, and Zhongjin Vipshop Commercial REIT, raised approximately $20.3 billion in total funding, with an average oversubscription rate of 78 times. These products cover various professional institutions like bank wealth management, brokerage self-operated funds, private placements, and also attracted individual investors. The market for China public REITs has entered a new development stage driven…
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