房地产行业研究周报：申报、发售、上市、扩募、分红等同步推进

Investment Rating - The report maintains an "Overweight" rating for the industry [1] Core Insights - The REITs index increased by 1.57% this week, while the Shanghai and Shenzhen 300 index decreased by 0.21% [5] - The total market capitalization of the industry is 1015.88 billion yuan, with 35 listed REITs [2] - The report highlights the acceleration of regular issuance of REITs, with significant market activities including new listings and expansions [7] Summary by Sections Market Overview - The REITs index rose by 1.57% this week, contrasting with declines in major stock indices [5] - The trading volume for REITs increased to 20.0 billion yuan, up 14.7% from the previous week [6] Key Events - On March 26, Guotai Junan Dongjiu REIT plans to expand and acquire new infrastructure projects [9] - On March 27, CICC Yinli Consumer REIT announced its public offering scheduled for April 8-12, with a price of 3.260 yuan per share [9] - On March 28, the listing of Jiashi China Electric Power Clean Energy REIT saw a first-day increase of 3.51%, marking the highest debut gain of the year [7] Financial Performance - The report notes that the average rental rate for various REITs is showing positive trends, with occupancy rates improving across several projects [11] - For instance, the occupancy rate for the Jianxin Zhongguancun REIT increased to 72.00%, up 8.25 percentage points from the previous quarter [9] Investment Recommendations - Investors are advised to focus on opportunities arising from macroeconomic conditions, policy environments, and improvements in the operational fundamentals of infrastructure assets [7]