EC World REIT property, Hengde Logistics. (Photo: EC World REIT)EC World REIT property, Hengde Logistics. (Photo: EC World REIT)

EC World REIT has been provided with a real estate mortgage de-registration certificate for the illegal mortgage imposed over its Hengde Logistics asset.

The de-registration certificate has been issued by the Hangzhou Bureau of Planning and Natural Resources and it was provided by its sponsor, Forchn Holdings.

The certificate, dated 16 January states that the illegal mortgage imposed over the REIT’s Hengde Logistics property has now been discharged.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.