GIC and COFCO Mall Unit Get Approval for REITs in China
Posted on 04/19/2019
Singapore’s GIC Private Limited and mall operator Grand Joy Holdings received permission by China’s securities regulator as one of the first several companies to permit the issuance of publicly listed real estate investment trusts (REIT). This pilot program will allow Chinese investors to acquire shares in properties. Hong Kong and Singapore have mature REIT markets. […]
