Yuexiu Real Estate Fund sells 50% stake in Yuexiu Financial Building in Guangzhou and restructures.

date
09/09/2025
On September 8th, Yuexiu Real Estate Investment Trust announced a strategic capital restructuring plan, involving the sale of 50% equity of Yuexiu Financial Building in Guangzhou to an external buyer, Guangzhou Yuexiu Development Group Co., Ltd., for approximately RMB 3.433 billion, and the remaining 50% equity will be internally restructured. After the completion of the sale and internal restructuring, Yuexiu Real Estate Fund's actual beneficial interest in Yuexiu Financial Building will decrease to 49.495%, and the target company will no longer be its subsidiary. Yuexiu Financial Building will continue to contribute income to the fund as a "qualified minority interest property."