A Singaporean asset manager has hit upon a novel way to handle its Chinese property portfolio as global investors look for ways out of a slumping market.
CapitaLand, a property company part-owned by Singapore’s state investor Temasek, is using China’s nascent real estate investment trust market to flip assets in a move that advisers said other international businesses were likely to follow.
The strategy highlights an attractive trade: shifting stagnant Chinese property assets from a disillusioned global investor base to yield-hungry onshore buyers.
您已阅读16%(552字),剩余84%(2834字)包含更多重要信息,订阅以继续探索完整内容,并享受更多专属服务。