Core Viewpoint - The successful expansion of Huaxia Fund's Huazhong REIT marks a significant advancement in the public REITs market and the operational value of rental housing assets, potentially leading to more quality rental housing assets entering the capital market [1][3] Group 1: Expansion Details - Huaxia Fund's Huazhong REIT completed its first expansion successfully, raising approximately 1.133 billion yuan through a subscription price of 2.53 yuan per share, with a subscription rate of 99.51% [1] - The funds raised will be used to acquire the Youchao Majiao project located in Minhang District, Shanghai, with the fund size exceeding 2.3 billion yuan post-expansion [1][2] Group 2: Project Overview - The Youchao Majiao project, which opened in March 2023, is situated in a high-demand rental area near several industrial clusters, achieving a rental rate of 96% by June 2025 [2] - Since its listing in December 2022, Huaxia Fund's Huazhong REIT has distributed over 154 million yuan in dividends to its holders, demonstrating strong cash flow generation capabilities [2] Group 3: Market Implications - The expansion of Huaxia Fund's Huazhong REIT validates the operational capabilities of market-oriented entities in the rental housing sector and highlights the unique value of public REITs in supporting the real economy and promoting common prosperity [3] - The successful case of Huaxia Fund's expansion is expected to provide replicable asset operation experiences for the rental housing market, injecting strong momentum for high-quality development [3][4] Group 4: REITs Market Development - The expansion further enhances the market-oriented operational mechanism of public REITs, transitioning the market from a focus on initial offerings to a dual-phase of initial offerings and expansions [4] - As of November 2025, the public REITs market has established 78 funds with a total scale exceeding 200 billion yuan, indicating a growing interest in rental housing REITs as quality investment assets in a low-interest environment [4]
华夏基金华润有巢REIT成功扩募 开启行业新篇
Quan Jing Wang·2025-12-17 01:24