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China Merchants breaks five-year REIT listing drought for Hong Kong market

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HONG KONG (Reuters) - Hong Kong is set to welcome its first listing of a real estate investment trust in five years, with the China Merchants Commercial REIT seeking to raise up to $400 million.The REIT, which owns five commercial and office properties in Shenzhen, wants to expand in the Greater Bay Area which has a population of about 70 million and includes Hong Kong, Macau and Guangdong..
Date Published: Nov 28, 2019
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