The first batch of consumer infrastructure public REITs are listed for trading
[ad_1]
The first batch of consumer infrastructure public REITs were officially listed and traded on the Shanghai Stock Exchange a few days ago, namely China Jinmao Commercial REIT and Jiashi Wumart Consumer REIT. Industry insiders pointed out that the listing of consumer infrastructure REITs has further broadened the underlying asset types of public REITs and also reflects the continued innovation and high-quality development of my country’s public REITs market.
According to the prospectus, the underlying assets of Huaxia Jinmao Commercial REIT are located in the Changsha Jinmao Lanxiucheng Shopping Center in Xiangjiang New District, Changsha City. The shopping center was built in 2016 and has 1 building with a construction area of 102,741.61 square meters; Jiashi Wumart The underlying assets of consumer REITs are concentrated in the core business district of Beijing, including the Dacheng project, Yutingqiao project, Huatian project and Deshengmen project, with a total construction area of 77894.28 square meters.
The relevant person in charge of China Jinmao Commercial REIT said that as the first explorer of consumer infrastructure public offering REITs, the company feels both honored and deeply responsible. In the future, the company will continue to install high-quality assets into the public REITs platform at appropriate opportunities, use assets to revitalize and expand effective investment, accelerate the construction of consumer infrastructure, promote the improvement of urban consumption quality, and serve the development of the real economy with financial innovation.
As the initiator of Jiashi Wumart Consumer REIT, the relevant person in charge of Wumart Technology Group Co., Ltd. said that as a community commercial consumer public REITs project initiated by private enterprises with a supermarket and retail format, the listing of Jiashi Wumart Consumer REIT has provided support for the capital market The development of private enterprises has provided a new model and a new paradigm for smoothing financing channels for private enterprises, which has far-reaching historical significance. By embracing the capital market this time, the company will form a virtuous cycle of project investment, construction, operation, and listing, further stimulate regional consumption vitality, and promote the iterative upgrade of consumption patterns and consumption scenarios.
Market participants generally believe that the launch of the first batch of publicly offered consumer infrastructure REITs is expected to help expand consumption and stabilize growth, and provide a platform for enterprises in the consumer infrastructure field to build a virtuous cycle of “investment, financing, construction, management and retirement” and promote quality, efficiency and strategic transformation. Wide space.
The relevant person in charge of Huatai United Securities told reporters that on the day the first batch of consumer infrastructure public REITs were listed, the secondary market prices stabilized and rose, which also reflected investors’ recognition of consumer infrastructure. From the perspective of investors, consumer infrastructure REITs give the public an opportunity to be “shareholders” of shopping malls and supermarkets, and examine the business activities around them from the perspective of shareholders. At the same time, it will help boost the consumer market, expand domestic demand, and drive my country’s consumption recovery and achieve high-quality development.
“The underlying assets of consumer infrastructure public REITs are the infrastructure and important carrier for residents to participate in consumption. The launch of the products will help promote the revitalization of existing assets, expand effective investment and boost consumption, and at the same time provide opportunities for individual investors to participate in infrastructure investment , providing a more convenient investment tool.” The relevant person in charge of China Asset Management said that as the fund manager of China Jinmao Commercial REIT, China Asset Management will cooperate with the original equity holders to do a good job in the management of the duration and effectively implement the active management of the fund manager. and information disclosure responsibilities to fully safeguard the interests of investors.
The relevant person in charge of Harvest Fund also said that consumer infrastructure public REITs will further revitalize the stock assets of high-quality consumer infrastructure, connect the channels for funds to enter the real economy, and help public funds better serve the development of the real economy. In the three years since the pilot, especially since the transition to a new stage of regular issuance, the asset types of the public REITs market have been stable and abundant, the establishment of basic systems has been accelerated, the market has been operating generally stably, and a REITs development path with Chinese characteristics has gradually been embarked on.
[ad_2]
Source link