China Everbright (HKG:0165) said it agreed to invest up to 470 million yuan in a real estate investment trust associated with its controlling shareholder, according to a Friday Hong Kong bourse filing.
The investment would give the firm ownership of up to 9.33% of the EPF EBA Closed-end Commercial REIT's units, which are yet to be listed.
The REIT's initial offering in China is expected to be valued at up to 4.6 billion yuan, while its underlying assets are two income-generating shopping mall properties with a combined value of 5.8 billion yuan as of Dec. 31, 2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments