Hui Xian Real Estate Investment Trust expects to see stable organic growth from its core asset - the Oriental Plaza, a luxury hotel-office-retail development in Beijing's Wangfujing district.
Despite the European debt crisis and slowing economic growth in China, the manager of the reit - Hui Xian Asset Management - is considering additions to its portfolio by making acquisitions in other mainland cities.
"The new acquisitions are not necessarily owned by Cheung Kong," said Tom Cheung Ling-fung, who became chief executive on July 1.
via Business feed http://www.scmp.com/business/china-business/article/1032987/hui-xian-reit-plans-buy-more-assets
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