Property News · November 8, 2017

Four tap into asset-backed securities on rental flats – who’ll be next?


Following Mofang and Ziroom’s successful issuance of Asset Backed Securities (ABS), China Young Professional Apartments (CYPA) and Poly Real Estate (Poly China) have now been given the green light to launch quasi-Real Estate Investment Trusts (REITs). Property developers, such as China Vanke, CIFI Holdings (Group), Longfor Properties and Landsea Green Properties, Poly China has entered the business of long-term rental spaces. Overseas cases suggest that launching these ABS offer distinct…

Source : South China Morning Post
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