China's Greenland, Singapore's Amare to list $1.5b hotel REIT on SGX

China's Greenland, Singapore's Amare to  list $1.5b hotel REIT on SGX

Bedroom in a hotel. Photo: Pixabay

China’s biggest state-owned property developer Greenland Group and Singapore-based Amare Investment Management Group – a subsidiary of Glory Fund Management Group – plan to list six hotels in China valued between $1.3 and $1.5 billion.

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