Guoshou! The first shot of the year!
The festive fireworks of the Year of the Snake have barely faded when, on [date], China Life Insurance Company Limited (China Life) lit another big firecracker—investing 100 million yuan to spearhead the establishment of a partnership dedicated to REITs (Real Estate Investment Trusts), with total partnership commitments reaching 1 billion yuan. Insurance capital and REITs—a perfect match! "Beijing Pingzhun Infrastructure Real Estate Investment Fund Partnership (Limited Partnership)"—the provisional name of this enterprise led by China Life may not be concise, but it is certainly to the point. Simply put, it's a REIT. In [year],