Qi Feng's daily limit!The first batch of three -guaranteed rental housing REITs was listed, and the Securities Regulatory Commission revealed the next step!

Reporter Wu Xiaolu on August 31st, Beijing's first batch of three -guaranteed rental housing REITs were listed simultaneously on the Shanghai -Shenzhen Stock Exchange, the first batch of three -guaranteed rental housing, and Xiamen Anju Group. Essence Li Chao, vice chairman of the Securities Daily CSIC, said at the listing ceremony that recently, the Securities and Futures Commission, together with relevant aspects of the National Development and Reform Commission, formulated ten measures to accelerate the normalization of infrastructure REITs. In the next step, the CSRC will promote the implementation of ten measures with relevant departments and units to further promote the amount of survival assets of the market and help stabilize the macroeconomic operation. The first batch of three -guaranteed rental housing REITs was sought after by the market, and the daily limit shortly after the opening. As of the closing in the morning, the three products still closed the daily limit. Photo source: Wind Information Evolution CSRC: Infrastructure REITs market initially formed a demonstration effect on May 19 this year, the General Office of the State Council issued the "Opinions on Further Valid Investment on the Expansion of Assets for further activation", which clearly stated that it is necessary to promote the healthy development of infrastructure REITs. And include affordable rental housing into the pilot scope. On May 27, the CSRC and the National Development and Reform Commission jointly issued the "Notice on Regulating the Real Estate Investment Trust Fund (REITs) Pilot Related Work in the Infrastructure Infrastructure Facilitarian Infrastructure Facilitarian Infrastructure Facilitarian Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Infrastructure Facilities" and officially launched the pilot work. It took only more than three months before and after the release of the first batch of pilot projects. Li Chao said that with the joint efforts of all parties, the infrastructure REITs market has initially formed a certain scale effect and demonstration effect, and explores the development of REITs development that follows the laws of mature markets and meets China's national conditions. The successful landing project of the first batch of affordable leased housing REITS pilot projects will have very positive significance for implementing rent -purchase, promoting affordable housing construction and promoting the virtuous cycle of real estate industry and healthy development; The marketization process of affordable leasing housing is promoted to form a new industry development model; it is also conducive to deepening the structural reform of financial supply -side, further enriching the type of infrastructure REITS product type, and providing investors with more financial products. Li Chao pointed out that recently, the CSRC, together with the State Development and Reform Commission, and other related parts, have formulated ten measures to accelerate the normalization of infrastructure REITs, including: to promote the establishment of a comprehensive promotion mechanism for the establishment of the provincial and municipal governments in key areas and provincial and municipal governments, and strengthen the participation of multiple departments to strengthen the enhancement Coordinate work and coordination; hold key areas meetings to strengthen policy counseling and market training, promote the formation of project supply echelons; optimize the recommendation procedures for pilot projects, study clear work time limit, and improve work efficiency; , Simplify the audit procedures, optimize the registration process; clarify the relevant industry access standards, improve transparency and predictability, and strengthen continuous supervision; broaden the type of pilot project, solve the new problems facing the "new type" project, guide market standards for development; strengthen professionalism; strengthen professionalism; strengthen professionalism Personnel equipment to strengthen the resources guarantee required for normalized distribution; accelerate the pilot of private enterprise REITs, and launch the "green light" investment case as soon as possible; promote the first batch of expansion of the project to land as soon as possible; promote REITS legislation and actively cultivate professional REITS managers and investor groups. Development and Reform Commission: Han Zhifeng, deputy director of the Investment Department of the Reist Project Recommended Recommended Project Research and Reform Commission, said at the listing ceremony that since the launch of the infrastructure REITs pilot, the policy support has continued to increase, the market size has continued to expand, the types of assets have become increasingly richer, the products are listed on the market The performance is good, and the enthusiasm of all parties has increased significantly. The successful listing of single projects is of great significance for the development of the REITS market and the construction of affordable rental housing. Han Zhifeng said that in the next step, the Development and Reform Commission will further summarize experience, improve management, and do a good job of recommending the REITS project. The first is to strengthen preliminary counseling, do a good job of answering questions, and promote more projects to have declaration conditions as soon as possible. The second is to improve the recommendation process of the declaration, mobilize the professional forces of consulting and evaluation, and improve the recommendation effect of the project. The third is to guide the supervisor to promote new projects with recycling funds, accelerate the construction, form a physical workload as soon as possible, and realize the virtuous circle of stock assets and new investment. Pan Wei, deputy director of the Security Department of the Ministry of Housing and Urban -Rural Development, said that the development of affordable rental housing REITs and guiding multiple subjects will help raise long -term equity capital and explore the formation of sustainable development and financing models. The raising funds will continue to be used to build affordable rental housing, and it will effectively expand the scale of supply. Project management in accordance with the requirements of listed enterprises is also conducive to improving the level of guarantee housing operation and management. CSI Exchange: Steady expansion of REITs pilot scope and scale of Huang Hongyuan, chairman of the Shanghai Stock Exchange, and Chen Huaping, chairman of the Shenzhen Stock Exchange, delivered speeches, and stated that they will further implement the relevant work deployment of the Party Committee of the CSRC and steadily expand the scope and scale of REITs. Promote REITs expansion, improve supporting rules and mechanisms, strengthen the construction of the REITS market, and promote the formation of a virtuous cycle of investment and financing.

Huang Hongyuan said that in the next step, the Shanghai Stock Exchange will focus on several tasks: First, the REITS project is on the spot in key areas, and give full play to the effective role of REITs in the fields of innovation -driven, green development, guarantee and improvement of people's livelihood; second, go all out to promote promotion The REITS project is expanded to assist in the listing of REITs to be better and strong; the third is to cooperate with the improvement and implementation of relevant policies, regulatory measures, and systems to jointly promote the high -quality development of the REITS market. Chen Huaping said that in the next step, the Shenzhen Stock Exchange will actively implement ten measures for the normalized distribution of the China Securities Regulatory Commission to accelerate the normalization of infrastructure REITs, and steadily expand the scope and scale of REITs. Improve supporting rules, optimize operating mechanisms, strengthen market services, and jointly make REITs into my country's mainstream financial products with all parties. The Shenzhen Stock Exchange will take the opportunity to build the REITS market as an opportunity to accelerate the construction of a product system that effectively matches investment and financing in an innovative field. The first batch of three -guaranteed housing REITs raised 3.797 billion yuan of Wind information data showed that the three -time -listed housing REITs raised 3.797 billion yuan. Huaxia Fund said that for investors in infrastructure REITs, the impact of the fund share of the fund after the listing of REITs is not considered. The investment yield is mainly affected by the amount of REITs raised by REITs annual cash distribution amount and inquiry. Without considering leverage, the REITs raised amount determined by inquiry mainly refer to the evaluation value of infrastructure assets. Therefore, the main cash distribution amount and infrastructure asset value of the fund's annual cash distribution value and infrastructure assets that affect investors. Huaxia Beijing Affordable Housing REIT original equity person is Beijing Affordable Housing Center Co., Ltd., and the actual fundraising scale of the fund (excluding interest -free interest) is 1.255 billion yuan. According to the calculation amount disclosed in the recruitment manual, Huaxia Beijing Affordable Housing Reit 2022 In 2022 The forecast cash distribution rate is 3.95%(annualized) from September 1st to December 31, 2022, and the forecast cash distribution rate in 2023 is 3.95%. The original equity of Zhongjin Xiamen Anju REIT is Xiamen Anju Group. The fund underlying assets of the fund are the two affordable rental housing projects of Gardenbo Apartment and Qiqi Apartment. The actual raising scale is 1.3 billion yuan. According to the amount of distribution disclosed in the fund recruitment instructions, the fund prediction of the fund in 2022 is 4.04%(annualized), and the cash flow distribution rate in 2023 is 4.05%. The original equity of the Red Earth Shenzhen Anju REIT is Shenzhen Talent Anju Group Co., Ltd., Shenzhen Futian Talent Anju Co., Ltd., Shenzhen Luohu Talent Anju Co., Ltd. In the leased housing project, the actual raising scale of the fund was 1.242 billion yuan. According to the amount of distribution disclosed in the fund recruitment instructions, the expected annualized return rate of the fund in 2022 is 3.95%, and the expected annualized return rate in 2023 is 3.96%. Picture | Site Cool Hero Bao Map.com

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