China continues to impress when it reported better-than-expected growth in retail sales and industrial production recently.
Data for the first two months of 2022 showed a 6.7% year on year jump in retail sales and a 7.5% year on year rise in industrial production.
The country with the largest population in the world continues to be a bastion of strength, posting an 8.1% growth in GDP for 2021.
Investors who are keen to gain exposure to the country’s real estate can consider buying China-based REITs that are listed on Singapore’s stock exchange.
We bring you four such Chinese REITs that recently raised their distribution per unit (DPU).
BHG Retail REIT (SGX: BMGU)
BHG Retail REIT is a pure-play Chinese retail REIT that owns six retail properties with a gross floor area of around 311,700 square metres as of 31 December 2021.
The REIT reported an improved set of earnings for its fiscal 2021 (FY2021)....