China Construction Bank announced on Friday (September 23) that it was planned to invest in housing lease funds with a fund raising scale of 30 billion yuan (RMB, the same below, about S $ 6 billion), of which the bank subscribed for subscription29.999 billion yuan, the source of funds is its own funds, and the wholly -owned subsidiary of CCB Trust Co., Ltd. subscribed for 0.01 million yuan.

According to the announcement issued by China CCB on the official website, the fund is tentatively named the Construction Bank Housing Rental Fund (limited partnership), and the final name is subject to the registration of the market supervision and management department;Fund; plan to be registered as Beijing; its business scope is to engage in equity investment, investment management, asset management and other activities with private equity funds; the investment period is tentatively set for 10 years, and the expiration assessment will continue.

CCB pointed out that the investment has been approved by the CBRC.Fund establishment needs to go through the necessary approval, filing, registration and other procedures in the relevant departments.

For the target positioning and direction of the fund, the announcement shows that by investing in the amount of assets of investment in housing, it is transformed into rental housing, increasing the supply of long -term rental housing and affordable leased housing, and exploring the new new real estate development of rent -purchasemodel.

On the impact of the investment on the Construction Bank, CCB pointed out that the bank has always followed the pace of reform of the national housing system and formed the characteristics and advantages of housing financial business.The bank establishes a fund through funding, in -depth implementation of the implementation of housing leasing strategies, and uses marketization, rule of law, and professionalization to acquire housing enterprises' capital assets, strengthen cooperation with relevant parties, help explore a new model of real estate development, promote the stable and healthy development of the real estate industry in the real estate industryEssence

At the same time, CCB further stated that it will give full play to the advantages of the group and promote the development of housing financial business to the development of both ends of rent -purchase and the transformation and upgrading of service stocks, forming a integration of equity investment, asset mergers and acquisitions, credit support, lease leaseThe all -round housing financial service system that integrates operations and REITS distribution, and continues to consolidate the bank's differentiated competitiveness in the field of housing finance.