Trillion-Dollar Real Estate Investment Trusts Debut on Stock Exchange Marking a ‘Securitization Era’

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.…

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