8 billion yuan long-term apartment REIT landed in Shanghai, with foreign giant BoFung in charge.

Zhongjin-Bolin Long-term Apartment Holding Real Estate Asset Support Special Plan was successfully issued and established on the Shanghai Stock Exchange. The issuance size of the special plan is 800 million yuan, making it the first market-oriented long-term apartment inter-REIT in the country. The special plan is initiated by Brookfield Asset Management and its domestic subsidiary serves as the original equity holder and operation management agency.