Hong Kong REIT reaches new horizons
24 August 2016 Eindhoven, Netherlands
Image: Shutterstock
New Century REIT has acquired Holiday Inn in Eindhoven, the Netherlands.
Deutsche Bank Hong Kong is involved in the asset as trustee. This is the first acquisition outside of Hong Kong and mainland China by a Hong Kong-listed REIT.
Ivy Fung, head of corporate trust sales of Asia Pacific at Deutsche Bank, said: “Our track record combined with our strong execution capabilities and expertise enables us to be a leading trustee in the market. We look forward to continuing to support New Century REIT and our other REIT clients.”
Deutsche Bank has been assigned for all the new REIT IPOs launched in Hong Kong since 2007.
Deutsche Bank Hong Kong is involved in the asset as trustee. This is the first acquisition outside of Hong Kong and mainland China by a Hong Kong-listed REIT.
Ivy Fung, head of corporate trust sales of Asia Pacific at Deutsche Bank, said: “Our track record combined with our strong execution capabilities and expertise enables us to be a leading trustee in the market. We look forward to continuing to support New Century REIT and our other REIT clients.”
Deutsche Bank has been assigned for all the new REIT IPOs launched in Hong Kong since 2007.
NO FEE, NO RISK
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
100% ON RETURNS If you invest in only one asset servicing news source this year, make sure it is your free subscription to Asset Servicing Times
