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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