Investment Rating - The report maintains an "Outperform" rating for the real estate sector [4] Core Insights - The CSI REITs total return index increased by 1.23%, closing at 1064.08. The property REITs rose by 0.5%, while operational rights REITs surged by 6.0% [1][2] - China Life plans to establish a partnership focusing on public infrastructure REIT investments, with a total subscription amount of 5.237 billion yuan, of which China Life will contribute 3.5 billion yuan [1][2] - The China Merchants Group, along with other partners, has set up a housing rental fund with a total scale of 1.6 billion yuan, aimed at acquiring a major rental housing project in Xiamen [2][10] Market Performance - The weighted average daily turnover rate for the week was 1.23%, down from 1.03% the previous week, with an average daily transaction amount of 810 million yuan, a decrease of 2.5% from the previous week [2] - Among all REITs sub-sectors, municipal environmental REITs had the highest increase at 28.6%, while affordable rental housing REITs saw the largest decline at 0.8% [2] - The Guotai Junan Jinan Energy Heating REIT experienced the highest increase at 52.3%, while the Huatai Nanjing Jianye REIT had the largest drop at 3.6% [2] Important Announcements - The Guotai Junan Lingang Innovation Industrial Park REIT reported that after the increase, the original equity holders and their concerted actions hold 25.002% of the fund shares [3] - The Huaxia Fund Huayuan REIT plans to distribute 12.32 million yuan [3] - The China Merchants Highway REIT reported a 15.9% year-on-year increase in toll revenue for January [3] - The Huaxia Jinju Intelligent Manufacturing Park REIT is set to be listed on the Shanghai Stock Exchange on February 26, 2025 [3]
REITs周报（2.15-2.21）：中外运仓储物流REIT获问询，国寿设合伙企业聚焦REITs投资-2025-03-07
China Securities·2025-03-07 10:33