Guangxi's first highway Real Estate Investment Trust (REITs) officially approved.

On April 10th, the E Fund Guangxi Beitou Expressway Closed-end Infrastructure Securities Investment Fund received the approval from the China Securities Regulatory Commission. This marks the first Real Estate Investment Trust (REIT) in Guangxi from scratch, providing the first practical case for revitalizing regional existing infrastructure assets. The picture shows the Nanning section of the Lanhai Expressway in Guangxi. The approved E Fund Guangxi Beitou Expressway REIT has assets in the Nanning section of the Lanhai Expressway in Guangxi, with a total length of 48.724 kilometers and a valuation of 2.349 billion yuan, with an expected fundraising of about 2.352 billion yuan.