ARA Asset Management said on Wednesday it was exploring the possibility of listing a yuan-denominated real estate investment trust with assets in China.
Property fund manager ARA is part-owned by Hong Kong property giant Cheung Kong (Holdings).
It manages six listed REITs, including Singapore’s Suntec REIT and Hong Kong’s Hui Xian REIT.
Wednesday, March 21, 2012
ARA Asset says exploring yuan-denominated REIT listing
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