Canadian pension fund bets on Chinese rental market

International investors are entering the Chinese rental apartment market. They are encouraged by a business-to-consumer model and the possibility of a publicly traded Reit.

Mofang, a Chinese long-term rental apartment brand, said on Monday that it had closed its $150 million Series D funding from Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ).

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media