China Securities Regulatory Commission Approves First 3 Commercial REITs: China Vanke, China Jinmao & China Resources Land, REITs Must be Launched Within 6 Months from 24th November 2023
29th November 2023 | Hong Kong
The China Securities Regulatory Commission (CSRC) has approved the first 3 commercial REITs (Real Estate Investment Trusts) in China – SCPG Holdings (China Vanke), Shanghai Xingxiumao Business Management (China Jinmao) and a commercial business unit of China Resources Land. The 3 REITs approved are CICC SCPG Consumer Infrastructure Closed-End Infrastructure Securities Investment Fund, CAMC Jinmao Shopping Mall Closed-End Infrastructure Securities Investment Fund and CAMC China Resources Commercial Asset Closed-End Infrastructure Securities Investment Fund. The REITs must be launched within 6 months from 24th November 2023.
“ China Securities Regulatory Commission Approves First 3 Commercial REITs: China Vanke, China Jinmao & China Resources Land, REITs Must be Launched Within 6 Months from 24th November 2023 “
China Securities Regulatory Commission Approves First 3 Commercial REITs
3 REITs Approved:
- CAMC China Resources Commercial Asset Closed-End Infrastructure Securities Investment Fund
- CICC SCPG Consumer Infrastructure Closed-End Infrastructure Securities Investment Fund
- CAMC Jinmao Shopping Mall Closed-End Infrastructure Securities Investment Fund
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