茂业商业公告申报商业不动产公募REITs

Core Viewpoint - Maoye Commercial Co., Ltd. has announced the initiation of a public offering for real estate investment trusts (REITs) focused on commercial properties [1] Group 1: REITs Announcement - The public REITs will utilize part of the buildings at Chengdu Maoye Center, located at No. 28 Tianfu Avenue North, Chengdu, as the underlying assets, subject to regulatory approval [1] - The product is tentatively named Huaxia Maoye Closed-end Commercial Real Estate Securities Investment Fund and will be issued on the Shanghai Stock Exchange [1] - Huaxia Fund will serve as the fund manager, while CITIC Securities will act as the special plan manager and financial advisor [1] Group 2: Expected Benefits - The issuance of the public REITs is expected to increase the company's net profit upon completion [1] - As an equity financing tool, the REITs will effectively activate existing assets, uncover the intrinsic value of mature commercial properties, optimize the capital structure, improve financial conditions, and reduce financial leverage [1]