Hotels could be the next sub-sector approved for public listing via Chinese REITs (C-REITs), says Aprea CEO Sigrid Zialcita. Speaking to the media alongside Lim, Zialcita thinks hospitality assets could be the sixth C-REIT sub-sector approved by the China Securities Regulatory Commission (CSRC) and National Development and Reform Commission (NDRC) after infrastructure, industrial, rental housing, elderly care facilities and consumption categories.
Chinese hospitality assets are “very hot” and “the best asset class” among real estate sub-sectors apart from data centres, says John Lim, chairman of JL Family Office and the Asia Pacific Real Assets Association (Aprea).
Speaking to the media on the sidelines of the Asia Pacific Real Assets Leaders’ Congress on Oct 9, Lim says domestic tourism in China promises strong demand for “mass market” three- and four-star hotels within the country.
