Greenland plans to land in Singapore to issue the largest REITs among Chinese m88 bonus estate companies

Exploring m88 bonus estate companies’ operating model reform and “asset-light” achieved substantial breakthrough

In the context of growing calls to promote m88 bonus estate financialization，Greenland’s “asset-light” strategy achieves an important substantive breakthrough。March 11，Greenland Group and Amare Investment Management Group, a subsidiary of Honor Fund, signed an agreement in Singapore，Establishment of hospitality m88 bonus estate investment trusts (REITs) and plans to list on the Main Board of the Singapore Exchange。The hotel investment trust plans to acquire 19 hotel properties in China from Greenland，The total value is approximately RMB 21 billion。This will be the largest REITs issued by Chinese m88 bonus estate companies to date，marks the asset securitization of Chinese m88 bonus estate companies、An important step towards asset-lightization，This move will also help Greenland fully utilize and amplify its advantages in the development and operation of large-scale commercial offices，Through m88 bonus estate financialization，Enhance asset liquidity，Accelerate capital turnover rate，Improve sustainable development capabilities。

According to the agreement signed this time，Greenland Group will cooperate with Amare Investment Management Group, a subsidiary of Honor Fund，Initiated the establishment of Amare-Greenland Hotel m88 bonus Estate Investment Trust using Greenland’s 19 hotel properties in China as basic assets，While realizing the securitization of hotel assets, investors will jointly become the beneficiaries of the development of Greenland Hotel assets，The total assets transferred are worth approximately RMB 21 billion。Among them，The first portfolio will include those located in Shanghai、Nanjing、Jinan、Xi’an、Zhengzhou、Six hotels in Yangzhou。Greenfield will subscribe for 30% of the shares in the trust，And continue to participate in the management of the hotel in an appropriate manner，Strive to achieve steady improvement in hotel operations based on the existing basis。In addition，The hotel investment trust also has plans to acquire hotel properties developed by Greenland in other countries。

Chairman of Greenland Group、President Zhang Yuliang said，Greenland has been planning to promote m88 bonus estate financialization for a long time，This time, we cooperate with Honor Fund to issue m88 bonus estate trust funds，It is of milestone significance for Greenland to promote the "asset-light" strategy，Greenland hopes to become a pioneer in the financialization of m88 bonus estate in China，Exploring ways to transform the business model of m88 bonus estate companies。He also said，The reason why it is the first choice to log in to the Singapore Exchange，Based on the maturity of Greenland’s REITs market in Singapore、Full confidence in professionalism and competitiveness，Singapore is the largest REITs market in Asia，Strong market competitiveness，High degree of internationalization。If the test is successful、Conditions and models are mature，Greenland will also actively promote the financialization of more high-quality bulk assets at home and abroad。

The cooperation model between Greenland and Glory Fund，Product Design in Progress、Investment attributes、Operation arrangements and other aspects are truly in line with the nature of REITs and "asset-light"，It is of great significance for m88 bonus estate companies to explore the transformation and upgrading of business models。For investors，REITs have more stable returns than other financial products，And as the operating income of future properties increases，Increase in fair value of properties held by investors，REITs are also growth-oriented,In addition,REITs and stocks、Bonds and other investment products have low correlation，Investors can diversify risks through investment portfolios。For enterprises，REITs can reflect the value of m88 bonus estate through the issuance of securities，Thus improving the liquidity and liquidity of the product。