SF REIT soon-to-be-asset in Changsa, China. (SF REIT)SF REIT soon-to-be-asset in Changsa, China. (SF REIT)

SF REIT is acquiring a logistics asset in Changsha, China for RMB540.0 million.

This is the first logistics property it is acquiring from its sponsor, SF Holding Co Ltd, and it also represents the REIT’s first investment in Central China.

SF REIT’s current portfolio consists of assets in Hong Kong, Foshan, and Wushu.

Related: SF REIT lays out funding plans for future acquisitions

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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.