Effectively broaden the source of security housing funds, Qingdao's first guarantee rental housing public offer REITS project was launched

Qingdao Daily/Guanhai News August 26th. Guanhai journalists learned from Qingdao Public Housing Construction Investment Co., Ltd. that "Qingdao Housing Investment Supporting Housing Infrastructure Infrastructure Rate REITS Project" positively openly bid to the service agency. September 7 this year. According to the company's bidding project contact, this is the first affordable rental housing public offering REITs project to start in Qingdao.

The bidding of Qingdao Housing Investment Supporting Housing Infrastructure Public Reist project is another exploration of Qingdao's infrastructure public offering REITs. In May this year, Qingdao Development and Reform Commission Tongqing Securities Regulatory Bureau, Municipal Finance Bureau, Municipal State -owned Assets Supervision and Administration Commission, Municipal Local Financial Supervision Bureau, and Municipal Taxation Bureau jointly issued the "Regulations on Supporting Qingdao's Infrastructure Faculty Real Entering Investment Trust Fund (REITS) industry development "Several measures", set up 11 support policies around REITS project reserves, market construction, reward incentives, financing innovation, compliance management, etc., and systematically promote the development of Qingdao infrastructure REITs industry. As of now, Qingdao has four projects including Bai Fa Sea Water Phase 1 and Zhongke Qingdao R & D City.

The bidder of the Public Regrasser REITS project bidder Qingdao Public Housing Construction Investment Co., Ltd., which is a guaranteed housing infrastructure of the affordable leased housing, was established on March 30, 1989. The registered capital is 8 billion yuan. Municipal -level dangerous housing reconstruction financing platforms and provincial -level leasing housing key enterprises have a first -level qualification for real estate development enterprises. As of now, the company's total assets of 52 billion yuan.

Recently, the public offering REITS bidding is also Qingdao West Coast Public Business Group Water Affairs Co., Ltd., which recruits the preliminary fund manager and plan manager of the REITS project for its water supply public offer. , Capital Capital 1.08 billion yuan, total assets of 4.243 billion yuan. The person in charge of the bidding of the project introduced: "At present, the bidding has been completed, but there is still some time before the project declaration, and now many projects are in line."

Public fund REITS is a securitization method to transform real estate with continuous and stable income into fund shares with high liquidity and high liquidity. It can effectively sell living assets and enhance corporate re -financing capabilities. In July 2021, the National Development and Reform Commission issued the "Notice on Further Doing the Pilot Fund of Real Estate Investment Trust Fund in the infrastructure field" to incorporate affordable leased housing into the scope of REITs issuance pilot. Since the end of July this year, the support housing REITs such as Zhongjin Xiamen Anju REIT, the Red Earth Shenzhen Anju REIT, and Huaxia Beijing Affordable Housing REIT have been approved. Su Zhiyong, deputy dean of the China Real Estate Newspaper Editorial Committee and Deputy Dean of the Institute of Urban and Regional Governance, stated that the Reto -Rental Housing REITS not only effectively broaden the source of funds for affordable housing, but also opened up the withdrawal mechanism of affordable rental housing development and operation enterprises. The person provides investment channels for obtaining stable returns.

According to the relevant person in charge of Fed Securities, there are many access conditions for the public offering REITs project. If infrastructure assets should at least meet the clear ownership, there are no conditions such as mortgage, pledge, etc. Or operating rights, stable credit, etc., the project is finally reported to the National Development and Reform Commission. , Independent implementation of registration, review procedures, and independent decision -making. "At present, the approval of the public offer REITs project has entered normalization, and the use of securities firms is uncertain. The cycle of the registration and registration before the issuance of the project is about 3 to 4 months." The person in charge said. (Qingdao Daily/Guanhai Journalist Ding Qianqian)

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