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180402

7.60400 CNY
0.055
0.72%
Last update Apr 30, 2:58 PM CST
Market closed
Day range
7.50500
7.65900
Previous close
7.65900
Open
7.65900
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ICBC Credit Suisse Mengneng Real Estate Inves...
7.60
0.06
0.72%

Overview

Description

ICBC Credit Suisse Mengneng Real Estate Investment Trust (REIT) is a real estate investment entity designed to provide investors with exposure to income-generating properties within the real estate sector. The primary function of this REIT is to manage a diversified portfolio of high-quality commercial properties, which generate regular rental income distributed to its investors as dividends. As a collaboration between ICBC, one of the largest banks in China, and Credit Suisse, a leading global financial services provider, the trust benefits from robust financial backing and extensive industry expertise. It mainly invests in sectors such as office spaces, retail properties, and industrial facilities, reflecting the dynamic growth and urbanization trends in the Chinese market. By pooling capital from numerous investors, ICBC Credit Suisse Mengneng Real Estate Investment Trust plays a significant role in offering accessibility to real estate investments, traditionally seen as complex and capital-intensive, thus providing improved liquidity and enabling broader market participation.

About

CEO
Employees
0
Address
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Website
Instrument type
Common stock
Sector
Industry
Country
China
MIC code
XSHE
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