The first foreign-funded consumer REITs will be listed today.

The first foreign-funded consumer REIT initiated by Keide Investment - Huaxia Keide Commercial REIT was listed on the Shanghai Stock Exchange on September 29. This is the 75th public REIT in China. It is reported that the planned fundraising scale is 2.2872 billion yuan, with a total subscription fund of over 309.17 billion yuan before proportionate allocation. The effective subscription multiples for public investors and offline investors are 535.2 times and 252.6 times, respectively.