BHG Retail REIT's Hefei Changjiangxilu Mall. (Photo: BHG Retail REIT)BHG Retail REIT's Hefei Changjiangxilu Mall. (Photo: BHG Retail REIT)

China-focused BHG Retail REIT does not expect slower economic growth in the country to have any impact on its acquisition plans.

In response to questions from REITsWeek, the REIT pointed to certain fundamentals in its portfolio that would allow it to excel, despite Beijing predicting a more tepid economic expansion for 2019.

On 5 March, the Chinese government projected economic growth of between 6% and 6.5% for the year.

This figure is a continued decline from 2018’s 6.6%, which was already China's weakest performance in three decades.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.