S.F. Holding (SHE:002352, HKG:6936) obtained China Securities Regulatory Commission's approval for the registration of its infrastructure public real estate investment trust funds or REITs, according to Shenzhen Stock Exchange disclosure on Wednesday.
The REIT, the Southern SF Warehousing and Logistics Closed-end Infrastructure Securities Investment Fund, is a contractual closed-end fund with a fund contract term of 43 years.
The regulator approved 1 billion shares for the fund, the logistics company said.