Property News · June 12, 2018

Rental properties are the new gold in China for overseas investment funds


Overseas private equity funds have been piling into China’s rental flat sector in the past few months, on the back of strong government support and shifting consumption patterns among the younger generation.
Tiger Global Management, a US-based global investment firm, led a US$70 million financing round on Beijing-based rental flat operator Danke Gongyu on Wednesday. That followed a batch of local and global funds that closed a US$100 million financing on Danke in February, all of whom…

Source : South China Morning Post
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