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Xinxiang Investment Group successfully issues Henan Province's first commercial property REITs
**观点网讯:**April 1, according to a release from the Xinxiang Investment Group, the Western Innovation—XinTou Huijin City Asset-Backed Special Plan (similar to REITs) was successfully issued, with its subsidiary XinTou Information Company serving as the originator.
According to the information, the project’s issuance size is 400 million yuan, with a term of 17.84 years. It is Henan Province’s first commercial property–type REITs product. The underlying property is XinTou·Huijin City Mall, which has now become the largest distribution hub for the knitwear category in the northern Henan region.
As introduced, the project serves as a model initiative for Xinxiang City’s “three resources, three modernizations,” providing a feasible path for revitalizing existing state-owned assets locally and for financing innovation via asset securitization.
Disclaimer: The content and data in this article are compiled by Guan Dian based on publicly available information and do not constitute investment advice. Please verify before using.
(Editor: Liu Chang)
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