China's Pre-REITs are paving the way for the development of publicly traded REITs
In November of last year, Greenland Hong Kong signed a Pre-REITs cooperation agreement with Beijing-based Gaorong Capital. The objective of this agreement is to jointly establish a Pre-REITs fund, targeting promising rental housing assets, with the long-term goal of creating a platform for publicly traded REITs. Pre-REITs refers to the process of early involvement by investors in assets with the potential to issue publicly traded REITs, involving construction, operation, and nurturing of the assets, and exiting through publicly traded REITs when the assets and market conditions are ripe.
Capital-hk:https://bit.ly/4c0GHjc
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