On February 13, 2018, the “Yuexiu Housing Asset Plan No. 1” was approved by the Shenzhen Stock Exchange, with a total issuance size of more than 5 billion RMB, and was mainly invested in the residential lease assets of Yuexiu Group distributed throughout Guangzhou.

As the only domestic state-owned real estate company that owns REITs at the moment, driven by governmental policy, Yuexiu Property has spent nearly RMB 12.3 billion in Foshan, Huadu, Guangzhou, and Nansha since October 2017 on three residential plots that are partially self-sustaining. Among them, 291,100 square meters of land that is 25% self-sustaining was purchased for 3.618 billion RMB in Nansha.

• Status: In issuance

• Location: Yuexiu Residential Rental Property held in various districts of Guangzhou

• Size: RMB 5 billion

• Structure: Shelf distribution architecture

• Issuing Entity: Yuexiu Property, as the original equity person, was lead by the Hong Kong Yuexiu REITs team for this project.