Core Viewpoint - The Zhongyin Zhongwaiyun Warehousing and Logistics REIT has successfully completed its fundraising ahead of schedule, reflecting strong investor interest in public REITs in China [2][4]. Summary by Sections Fundraising Details - The public offering for the Zhongyin Zhongwaiyun Warehousing and Logistics REIT was launched on June 23 and was oversubscribed, leading to an early closure of the fundraising on the same day [4]. - The total number of fund shares offered was 400 million, with a subscription price of 3.277 yuan per share, aiming to raise a total of 1.3108 billion yuan [4]. - The initial public offering period was set from June 23 to June 24, but was concluded early due to exceeding the initial fundraising cap [4]. Investment Focus - The REIT plans to invest in six warehousing and logistics infrastructure assets, strategically located in key logistics nodes within the Yangtze River Delta, Beijing-Tianjin-Hebei, and Sichuan-Chongqing regions [5]. - The geographical focus is expected to leverage strong regional logistics demand and a stable customer base, enhancing the REIT's competitive advantages [5]. Market Trends - Public REITs in China have gained significant popularity this year, with multiple products experiencing early closures and "one-day sellouts" [6][7]. - Notable examples include the CICC Yizhuang Industrial Park REIT, which had a subscription multiple of 265.76 times, and the Huatai Suzhou Hengtai Rental Housing REIT, which also sold out in one day [7]. - As of June, the total market capitalization of REITs in China surpassed 200 billion yuan, with a total of 69 REITs available, indicating rapid growth since the first batch was approved in May 2021 [7]. Policy Support - The Chinese government has implemented various policies to support the REIT market, facilitating a transition to a normalized issuance phase and ongoing expansion [8]. - Both institutional and individual investors are increasingly participating in the REIT market, contributing to its long-term healthy development [8].
再现“一日售罄”!
中国基金报·2025-06-24 09:43