Listed on 29 April 2011 on the Hong Kong Stock Exchange (“HKSE”), Hui Xian REIT is managed by Hui Xian Asset Management Limited, a 30% associated company of ARA. Hui Xian REIT is the first offshore RMB-denominated public equity offering to be listed on the HKSE and the first RMB-denominated REIT in the world.
Hui Xian REIT’s main real estate asset is the Oriental Plaza, one of the largest and most iconic integrated developments in Beijing, China with a total gross floor area (“GFA”) of approximately 787,000 sqm comprising:
The Malls – a world-class shopping complex with a GFA of approximately 130,000 sqm spread over three levels;
The Tower Offices – the largest Grade A office development in Beijing comprising eight Grade A office buildings with a total GFA of approximately 310,000 sqm;
The Tower Apartments – the largest serviced apartment development in Beijing comprising 613 fully-furnished apartments in two blocks; and
Grand Hyatt Beijing – a leading five-star hotel with 825 guest rooms and suites.