SUNAC CHINA (01918.HK) chairman Sun Hongbin said he is cautiously optimistic on
the property market, citing clear signs of repair in Tier-1 city housing demand
while blaming low buyer confidence as the market’s core problem. Sun said the
sector will undergo a structural business-model shift: traditional development
will be iterated toward fund-based operating models, and high-quality held
assets are likely to be securitized and monetized via infrastructure REITs.
SUNAC will monitor REITs policy and sector dynamics and pursue a long-term
transition toward fund/REIT-driven asset strategies.
