Core Viewpoint - The China International Capital Corporation (CICC) Xiamen Affordable Rental Housing Closed-End Infrastructure Securities Investment Fund (referred to as CICC Xiamen Anju REIT) has submitted an application for expansion, indicating a proactive approach to enhance its asset portfolio and market presence [1][2]. Group 1: Fund Details - The CICC Xiamen Anju REIT is categorized as an infrastructure public REIT, initiated by Xiamen Anju Group Co., Ltd., and managed by CICC Fund Management Co., Ltd. [2] - The fund's current status is "submitted," with an update date set for April 28, 2025 [2][5]. Group 2: Expansion Plans - CICC Fund announced plans to acquire new assets, specifically targeting affordable rental housing projects in Xiamen, which will diversify the fund's asset mix and enhance cash flow stability [3]. - The expansion aims to activate more existing assets, increase market scale, optimize asset allocation, and improve liquidity in the secondary market [3]. Group 3: Market Context - The recent approval of expansion applications for several public REITs from March to April 2023 marks the beginning of a dual-driven model of "initial issuance + expansion" in the public REITs market [4]. - Other REITs, such as Guotai Junan Dongjiu New Economic Industrial Park REIT and China Aviation Jingneng Photovoltaic REIT, have also submitted expansion applications, reflecting a broader trend in the market [4].
公募REITs扩募再添新例！