Insights | REIT, created by the U.S. legislation 60 years ago, finally started its testing in China

On the afternoon of June 3, The State Council of the People’s Republic of China issued the “Opinions on Accelerating the Cultivation and Development of the Housing Rental Market” and announced a series of new policies. The “Opinions” expresses that it encourages the promotion of real estate investment trust (REIT) pilot projects, on the one hand, guiding private funds to participate in commercial real estate; on the other hand, encouraging developers to sell exclusively for rent. In short, lower the threshold of commercial real estate investment, turn heavy assets into light assets, let the house be used, and let the capital flow.

Announcement | CrowdFunz Fund 601, funding successfully

On April 18, CrowdFunz opened its first investment and Fund project “CrowdFunz Fund 601” in 2016. It was favored by many investors on the day that the project was released and reached the expected target amount in just three days, ended ahead of schedule. Financing. After two days of review, the fund is scheduled to initiate its first divbidend disbursement on May 1.