SEALAND SECURITIES(SZ:000750) Guohai Securities·2025-05-27 14:32Market Overview - The total market capitalization of public REITs has increased to 198.431 billion yuan, up by 5.185 billion yuan from the previous week[21] - The average daily turnover rate has risen to 0.71%, an increase of 0.13 percentage points compared to the previous week[21] Investment Highlights - The weighted average weekly increase for affordable rental housing REITs is 2.57%, leading the market, followed by transportation infrastructure REITs at 2.30%[29] - The cash distribution rate for property REITs averages 3.86%, with consumption infrastructure leading at 4.38% and municipal facilities at 12.83%[38] Market Performance - The CSI REITs total return index rose by 1.20%, outperforming other indices such as the dividend index (0.40%) and the CSI convertible bond index (-0.11%) during the week[24] - The average internal rate of return (IRR) for property REITs is 4.11%, while for concession rights it is 3.88%[38] Trading Activity - The transaction volume for park infrastructure REITs reached 213 million units, the highest among all sectors, followed by affordable rental housing at 120 million units[35] - The turnover rate for affordable rental housing REITs was 1.06%, the highest among all categories[35]