REITs再迎政策“东风”！两大关注重点，都明确了

Core Viewpoint - The National Development and Reform Commission (NDRC) has issued a notification to enhance the development of infrastructure Real Estate Investment Trusts (REITs), focusing on expanding the market, optimizing fundraising and application processes, and encouraging new types of projects to be listed [1] Group 1: Policy Support for Asset Mix and Expansion - The notification provides clear policy support for asset mix expansion in REITs, allowing for the integration of assets from the same or related industries, which can strengthen the scale and operational capabilities of REITs [2][3] - The policy enables leading companies to acquire smaller projects and utilize REITs for revitalization, allowing smaller firms to indirectly issue REITs for project exit [2] Group 2: Support for Private Enterprises - The notification emphasizes active support for private investment projects to be listed as REITs, establishing a coordination service mechanism to assist in compliance and accelerate project development [4] - As of September 13, over 10 private REIT projects have been listed, raising more than 25 billion yuan, showcasing the significant role of private enterprises in expanding the REITs sector [4] Group 3: Project Cultivation and New Asset Types - The notification stresses the importance of project cultivation and reserves, aiming to create a dynamic project advancement mechanism to inject strong momentum into the market [5] - There is a focus on accelerating the application of mature asset types and exploring new asset types such as railways, ports, and cultural tourism for potential issuance [7] Group 4: Information Management Improvements - The NDRC plans to launch an information system for infrastructure REITs to standardize and digitize the project application process, enhancing efficiency and addressing existing bottlenecks [8]