GLP’s C-REIT highlights a route in for foreign managers
This week’s PERE Friday Letter examines how C-REITs could be a game changer for Chinese real estate markets. Most encouragement should stem from how all nine existing C-REITs were oversubscribed, raising an aggregate total of $5.3 billion. GLP’s success creates a precedent for private managers to participate in market, where the first movers were each state-owned enterprises.
Read more: (subscription required) https://www.perenews.com/glps-c-reit-highlights-a-route-in-for-foreign-managers/