Phoenix Tree Holdings Ltd.
We are redefining the residential rental market through technology. We started Danke in 2015 to provide young people with comfortable yet affordable homes. Today, we are one of the largest co-living platforms in China with the fastest growth, according to iResearch. We established operations in 13 cities in China as of September 30, 2019 and have become a major player in each of the 10 cities that we entered into prior to June 30, 2019. We grew the number of apartment units we operated from 2,434 as of December 31, 2015 to 406,746 as of September 30, 2019, a 166-fold increase over less than four years.
|Industry:||OPERATORS OF APARTMENT BUILDINGS|
|Address||Room 212, Chao Yang Shou Fu, 8 Chao Yang Men Nei Street, Dongcheng District, Beijing, People's Republic of China|
|View Prospectus:||Phoenix Tree Holdings Ltd.|
|Revenues||$864.0 mil (last 12 months)|
|Net Income||$-442.4 mil (last 12 months)|
|Price range||$13.50 - $13.50|
|Est. $ Volume||$129.6 mil|
|Manager / Joint Managers||Citigroup/ Credit Suisse/ J.P. Morgan|
|Expected To Trade:||1/17/2020|
|Quiet Period Expiration Date:||Available only to Subscribers|
|Lock-Up Period Expiration Date:||Available only to Subscribers|
|SCOOP Rating||Available only to Subscribers|
|Rating Change||Available only to Subscribers|