Asia
China Everbright to Participate in Chinese REIT's IPO
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.
HKG:0165
