Canadian pension fund bets on Chinese rental market

International investors are entering the Chinese rental apartment market. They are encouraged by a business-to-consumer model and the possibility of a publicly traded Reit.

Mofang, a Chinese long-term rental apartment brand, said on Monday that it had closed its $150 million Series D funding from Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ).

¬ Haymarket Media Limited. All rights reserved.

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