Property News · December 13, 2017

China’s largest rental property securitisation valued at 20 billion yuan gets the go-ahead


China will issue its largest bonds backed by rental housing projects, reflecting a pickup in momentum of rented property securitisation as a new funding channel for developers to tap.
China Merchants Group, a state-owned conglomerate, said this week it had teamed up with the Beijing-based China Construction Bank to gain a go-ahead to issue asset-backed notes worth 20 billion yuan (US$3.02 billion) in the country’s interbank market, in what would be China’s largest rental housing…

Source : South China Morning Post
Read more…China’s largest rental property securitisation valued at 20 billion yuan gets the go-ahead

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