国内首单外资消费 REITs项目在上交所上市

Core Insights - The launch of Huaxia Kaide Commercial REIT marks the first consumer REIT project initiated by an international asset management company in China [1] - The underlying assets of the REIT are two mature shopping centers located in the core business districts of Guangzhou and Changsha, which have shown strong operational performance [1] - The funds raised from this public REIT will primarily be used for the construction and acquisition of high-quality assets within China, contributing positively to enhancing consumption efficiency and expanding consumer spending [1] Company Overview - Kaide Investment, the controlling shareholder of Huaxia Kaide Commercial REIT, is a well-known international real estate asset management company based in Singapore [1] - Kaide Investment manages over 40 retail properties across 18 cities in China, with an asset scale exceeding 80 billion RMB, providing a rich asset reserve for future expansions of REIT products [1] Industry Context - The listing of Huaxia Kaide Commercial REIT on the Shanghai Stock Exchange represents a significant step in the internationalization and diversification of China's public REITs market [1] - This initiative is a concrete practice under the guidance of the China Securities Regulatory Commission to promote the opening up of the capital market [1] - The project serves as an excellent model for foreign institutions to engage deeply in China's public REITs market [1]