BHG Retail REIT is the first retail REIT sponsored by an established homegrown retail property operator in the PRC - Beijing Hualian Department Store Co., Ltd.,. It is established principally to invest, directly or indirectly, in a diversified portfolio of income-producing real estate which is primarily used for retail purposes (whether either wholly or partially) as well as real estate-related assets in relation to the foregoing, with an initial focus on China.