Participating agencies: Actively explore the types of different infrastructure assets

Our reporter Chang Xueyu

On July 29, the first batch of two -single -loading housing REITs project was approved by the REITS project, and the relics underlying asset increase category took a solid step. Participating agencies stated that in the future, they will actively explore the types of different infrastructure assets and continue to create value for investors.

Among them, the infrastructure assets that Zhongjin Xiamen Anju REIT plans to invest is Gardenbo Apartment and Qiqi Apartment. It is two guaranteed rental housing projects located in Jimei District, Xiamen. Meter. Red soil innovation Shenzhen talent settlement of REIT underlying assets corresponds to 4 high -quality affordable rental housing projects, all in the core area or core area of ​​Shenzhen, with a total construction area of ​​134,700 square meters, including 1830 sets of affordable rental housing, with a evaluation value of 1.158 billion yuan. The raising and recycling funds will be used for new affordable housing construction, providing more housing for new citizens and young people.

CITIC Securities Chief Economist is clearly expected in an interview with the Securities Daily reporter that from the perspective of the three single public offering REITs that has been successfully listed this year, after the registration is approved, it takes about one month to one and a half months. Affordable leased housing REITs has a high probability of listing transactions during the year.

According to the highlights of the two single projects, Sun Guiping, a senior fund analyst and doctoral of the Shanghai Securities Fund Evaluation and Research Center, analyzed to the Securities Daily reporter that the infrastructure assets owned by the previous REITs, the affordable rental housing REITs owns The operating time of the rental apartment project is very short, all of which are completed and operated after 2020. On the one hand, the policies attach great importance to accelerating the development of REITs, which accelerates affordable rental housing, and appropriately reduced the requirements of the operation period. The advantage of renting a housing REITs in the property right REITs eventually comes from individuals, and the source of income is the most decentralized, which also means that the future income of the project is stronger.

It is reported that in July last year, after the National Development and Reform Commission issued the incorporation of affordable leased housing into the scope of the infrastructure REITs, Shenzhen Venture Capital Group collaborated with Shenzhen Talent Anju Group to immediately start the application. At the same time, Shenzhen Talent Anju Group and Shenchuang Investment Real Estate established Shenzhen Anju Innovation Private Equity Investment Fund Management Company to actively deploy affordable rental housing Pre-REITs funds.

Talking about the significance of the launch of the affordable rental housing REITs, the CICC Fund stated that the affordable rental housing is an important infrastructure that adheres to the positioning of "housing does not speculate". The parallel housing system promotes new types of urbanization with the core of human beings. Public fund REITs can create a sustainable guarantee housing investment and financing model through the capital market, and improve the effective supply of affordable rental housing. The Red Land Innovation Shenzhen Talent Living Reit participation agency stated that this is an important measure to deepen the structural reform of housing supply side and improve the housing system of rent, purchase, and housing. It is of great significance.

"The current REITS market is more money and less, and the specific manifestation is the number of transactionable targets, limited types of targets, and small transaction scale. The launch of REITS varieties with affordable rental housing as the underlying assets will help the REITS market. Added categories and enrich investors' choices. "Obviously, the regulatory authorities can strengthen division of labor cooperation, which helps to accelerate the review cycle while ensuring the quality of the public offer REITS project.

According to data from the Shanghai and Shenzhen Exchange, as of July 29, there were three single projects in line review; according to the disclosure of China's bidding and bidding public service platform, multiple enterprises have also carried out public bidding processes of the REITs project. Obviously, "In the second half of the year, the REITS market expansion and increase will continue to advance steadily, thereby driving the liquidity of the entire market to continue to increase. Follow -up, infrastructure and other infrastructure such as data centers and water conservancy facilities are expected to become the underlying assets of public REITs projects."

It should be noted that the Red Earth Innovation Shenzhen Talent Anju REIT is the second -single innovation infrastructure fund after the Red Earth Yantian Port REIT. Shenzhen Innovation Investment stated that the Group attaches great importance to the work of infrastructure, and will explore more high -quality assets to go public in the future, and strive to achieve expansion as soon as possible to continue to create value for investors.

Zhongjin Xiamen Anju REIT is another batch of infrastructure funds that China Gold Fund has obtained after the CICC. China Gold Fund stated that in the future, it will continue to strengthen investment and exploration in the field of public offerings, continuously improve investment and operation capabilities in practice, actively explore different infrastructure types, strive to achieve continuous and stable asset operations, protect the legitimate rights and interests of investors, effectively improve it Investors have a sense of gain and help the industry's high -quality development.

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