房地产行业研究周报：中金印力消费REIT将于下周二上市

Investment Rating - The report maintains an "Overweight" rating for the industry [1] Core Insights - The REITs index increased by 3.05% this week, outperforming the Shanghai Composite Index and the CSI 500 Index, which rose by 1.20% and 1.08% respectively [4][16] - The total market capitalization of the industry is approximately 1,035.67 billion yuan, with 35 listed REITs [2][5] - Key events include the upcoming listing of CICC Yinyi Consumption REIT, with a total fund share of 1 billion and a strategic placement ratio of 83.557% [5][7] Market Performance - This week, the trading volume increased by 12%, with a total trading amount of 2.3 billion yuan, and an average daily turnover rate of 0.9% [5][21] - The REITs market showed strong performance across various sectors, particularly in highway REITs, which saw a trading amount increase of 21.3% [5][24] Sector Analysis - The report highlights the correlation between REITs and other market indices, noting a correlation of -0.63 with 10-year government bonds and 0.51 with the Shanghai Composite Index [4][18] - The report emphasizes the strong correlation of warehouse logistics REITs with their corresponding stock indices, with a correlation coefficient of 0.89 [24][25] Key Events and Announcements - Several REITs have disclosed their quarterly reports, with notable financial figures such as revenue and net profit for various projects [10][11] - Upcoming investor relations activities and performance meetings are scheduled for several REITs, indicating ongoing engagement with stakeholders [14][15]