Group 1 - The core viewpoint of the news is that Yuanxin Yongfeng Fund has made significant progress in its strategic layout of public REITs assets by successfully investing in the first batch of data center REITs projects in China, indicating a forward-looking approach in the innovative infrastructure REITs investment field [1][2] - The underlying asset of the Wangguo Data Center REIT is located in Kunshan, Jiangsu Province, with over 4,000 cabinets and a power design capacity of 29,044 kW, maintaining a 100% signing rate and over 92% billing rate in the past three years [1][2] - The underlying asset of the Runze Technology Data Center REIT is located in Langfang, Hebei Province, with 5,897 cabinets and a total IT power of 42,078 kW, achieving an average shelving rate of 99% [1][2] Group 2 - Data centers provide specialized space for clients' computer systems, including storage, power, cooling, security, and monitoring, and are essential for building, operating, and delivering applications and services [2] - The operation of data centers is highly dependent on the capabilities of professional management institutions and continuous technological iteration, especially when serving large internet and high-tech enterprises [2] - The introduction of public REITs is expected to facilitate innovative breakthroughs in the financing of capital-intensive "digital infrastructure" as the demand for computing power from AI models surges [2] Group 3 - Yuanxin Yongfeng Fund is applying its "macro-meso-micro" analysis framework from equity investment to REITs research, enhancing project selection accuracy through a multi-dimensional assessment of asset value [3] - The fund's REITs investments align with national strategies and public needs, focusing on high industry prosperity, core regional locations, and high-quality underlying assets [3]

新华财经上海8月8日电（记者杨溢仁）在内外需双轮驱动下，物流仓储行业展现出了强劲的发展韧性， 相关板块的REITs产品表现亦可圈可点，吸引了各方投资者的关注。 （文章来源：新华财经） 据悉，中金普洛斯REIT是国内"首发+扩募"双首批公募REITs之一、上交所首支仓储物流REIT，也是目 前国内市值最大、资产数量最多、资产规模最大、区域覆盖最广的公募仓储物流REIT。 此次实地调研的普洛斯苏州望亭物流园自2009年至2017年分两期建成，库型主要为单层多边库，可供出 租面积约94434.00平方米，现有租户行业类型为快递快运、生鲜电商等。 记者了解到，截至今年二季度，项目期末出租率达100%，期末平均剩余租期为866.54天，期末租金收 缴率为99.53%。该园区坐落在江苏省规划的苏州望亭国际物流园内，临近无锡机场、苏州北站，集现 代物流操作、内陆港口运输等多功能于一身，是建立区域配送中心和全国配送中心的绝佳选择。同时， 园区毗邻两大领先的国家级高新技术开发区——苏州高新区和无锡高新区，周围集聚超过50家全球500 强企业，产业氛围浓厚。 伴随市场活力的持续复苏，物流仓储行业展现出了较强的发展韧性。而中金普洛 ...

8月8日，南方润泽科技数据中心封闭式基础设施证券投资基金(证券简称：南方润泽科技数据中心 REIT，证券代码：180901，以下简称"润泽科技REIT")正式上市交易。润泽科技REIT上市交易，填补行 业空白，开创数据中心资产证券化新模式，是算力时代金融创新的里程碑。 作为中国首批以数据中心为底层资产的公募REITs之一，润泽数据REIT填补了中国公募REITs市场在数 字基础设施赛道的空白。在此之前，中国公募REITs主要覆盖仓储物流、产业园区、交通设施等传统基 建领域，而数据中心作为支撑数字经济和人工智能发展的核心"新基建"资产首次纳入REITs体系，标志 着资本市场对新兴基础设施的认可和创新包容。 申万宏源表示，打通REITs是IDC资产良性循环关键一步。市场长期关注IDC公司的投建规模与项目进 展，但"重资产"需要与"强运营"相辅相成。国内IDC行业此前较依赖可转债或定向增发等融资路径；参 考海外Equinix、DLR等路径，成熟的REITs融资不仅可替代外部杠杆、降低有息负债，同时流动性改善 可推动公司高效扩张，形成资产出入的良性循环并提升ROE。 南方润泽数据REIT基金经理王雪此前曾表示，数据中 ...

Core Insights - In recent years, Ingka Group has experienced significant growth in China, with its shopping centers, particularly the Huiju series, gaining popularity and achieving high foot traffic [1][2] - However, in August, Ingka Group reportedly paused its expansion plans and is considering selling ten of its Huiju shopping centers in China [1][3] - The first three centers targeted for sale are located in Wuxi, Beijing, and Wuhan, with a total estimated value of 16 billion yuan [4][6] Group 1: Expansion and Performance - The Huiju shopping centers have become a prominent example of foreign investment in China's commercial real estate, combining the "IKEA blue box" concept with mall features [2] - The opening of the Shanghai Huiju in September last year marked a significant investment of 8 billion yuan, attracting 3 million visitors in its first hundred days [1][6] - The Wuxi, Beijing, and Wuhan centers, which opened between 2014 and 2015, have been operational for over ten years and are now in a stable profit phase [8][21] Group 2: Strategic Decisions - Ingka Group's decision to sell these mature assets is driven by the need for financial recovery amid declining retail performance and the ongoing investment in new projects [10][11] - The sale will allow Ingka to recoup a substantial amount of capital, which can be reinvested into new developments and debt repayment [10][15] - By retaining operational rights while selling the properties, Ingka aims to reduce its heavy asset burden and focus on brand management and customer engagement [10][12] Group 3: Market Dynamics - The transaction aligns with current market trends, where financial institutions are increasingly acquiring stable commercial real estate assets in major cities [11][12] - The mature projects in Wuxi, Beijing, and Wuhan are attractive to insurers due to their stable rental income and location in high-demand urban areas [11][12] - The potential for future capital gains through REITs (Real Estate Investment Trusts) is also a consideration, as these mature assets can be further enhanced and packaged for public offerings [12][15] Group 4: Asset Characteristics - The ten Huiju centers represent a total investment exceeding 27 billion yuan, with an average investment of about 2.7 billion yuan per center [21][24] - The centers are strategically located in first-tier and strong second-tier cities, creating a comprehensive network across various regions [22][24] - The evolution of the Huiju brand reflects a shift from large-scale shopping centers to more integrated urban developments, indicating a response to changing consumer preferences and market conditions [23][24]

证券代码：600905 证券简称：三峡能源 公告编号：2025-046 中国三峡新能源（集团）股份有限公司 第二届董事会第四十一次会议决议公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 中国三峡新能源（集团）股份有限公司（以下简称公司）第 二届董事会第四十一次会议于 2025 年 8 月 6 日在北京以现场结 合通讯方式召开，会议通知已于 2025 年 7 月 31 日以电子邮件方 式发出。本次会议应出席董事 9 名，实际出席董事 9 名。公司部 分监事、高级管理人员等列席了会议。会议的召集召开符合《公 司法》《公司章程》的有关规定，会议合法有效。会议由朱承军 董事长主持，以记名投票方式表决，形成决议如下： 一、审议通过《关于以大连庄河Ⅲ海上风电项目为底层资产发 行公募 REITs 暨关联交易的议案》 具体内容详见公司同日披露的《中国三峡新能源（集团）股 份有限公司关于发行基础设施公募 REITs 暨关联交易的公告》 （公告编号：2025-047） 。 本议案经独立董事专门会议审议通过。 关联董事朱承军、刘姿、蔡庸忠、关 ...

来源：中国基金报 年内涨幅最高超50%的公募REITs资产，又有新品来了。 近日，证监会官网披露，中金唯品会奥特莱斯封闭式基础设施证券投资基金(以下简称中金唯品会奥莱 REIT)正式获得证监会准予注册的批复，并获得上交所无异议函。同时，中航京能光伏REIT申报的基金 扩募，也获得了准予变更注册的批复。 8月5日，上交所官网也显示，上述两只产品均"注册生效"。 又有两只公募REITs产品获批 近日，证监会官网显示，中金唯品会奥莱REIT首发申请、中航京能光伏REIT扩募申请双双获批。 资料显示，中金唯品会奥莱REIT是国内领先的品牌折扣电商平台唯品会在中国境内资本市场的一次重 要探索，以优质奥特莱斯作为底层资产也为消费基础设施REITs持续扩容提供了高质量样本。 中金基金也表示，公司将积极参与公募REITs创新实践，探索不同基础设施资产类型，助力行业高质量 发展。 扩募后将变为"光伏+水电"资产组合 伴随着中金唯品会奥莱REIT首发申请获批，中航京能光伏REIT扩募也拿到批文。这是行业首单"光伏 +水电"资产组合模式的扩募项目，亦是行业首单获批的经营收益权类扩募项目。 据悉，中航京能光伏REIT扩募拟购入的基础 ...

【导读】公募REITs上新，又有两只产品获批 中国基金报记者 李树超 年内涨幅最高超50%的公募REITs资产，又有新品来了。 近日，证监会官网披露，中金唯品会奥特莱斯封闭式基础设施证券投资基金（以下简称中金唯品会奥莱REIT）正式获得证监会准予注册的批复，并获得 上交所无异议函。同时，中航京能光伏REIT申报的基金扩募，也获得了准予变更注册的批复。 登录新浪财经APP 搜索【信披】查看更多考评等级 中金公司表示，公司未来将继续依托优质底层资产，充分发挥综合优势，提升管理效能，为助力推动中国公募REITs市场行稳致远，盘活基础设施存量资 产，丰富社会资产配置贡献力量。 中金基金也表示，公司将积极参与公募REITs创新实践，探索不同基础设施资产类型，助力行业高质量发展。 扩募后将变为"光伏+水电"资产组合 8月5日，上交所官网也显示，上述两只产品均"注册生效"。 | | 海着券交易所 REITS 首页 | | 项目动态 | | 信息披露 | 行情信息 | | 新闻动态 | 规则指南 | 业务办理 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | ...

Core Viewpoint - The approval of two new public REITs in China, namely the CICC Vipshop Outlet REIT and the AVIC Jingneng Photovoltaic REIT, indicates a growing market for public REITs, which have shown significant performance this year, with some products rising over 50% [2][5][15]. Group 1: New REIT Approvals - The CICC Vipshop Outlet REIT has received approval from the CSRC and is set to invest in the Shanjing Outlet project in Ningbo, which has a total construction area of approximately 104,300 square meters and has been operating for over 13 years [6][7]. - The AVIC Jingneng Photovoltaic REIT has also received approval for its expansion, transitioning from a single photovoltaic asset to a combination of "photovoltaic + hydropower" assets, enhancing its operational stability and cash flow [11][12]. Group 2: Market Performance - As of August 5, the CSI REITs total return index has increased by 13.03% this year, while the CSI REITs closing index has risen by 9.59% [15]. - Notable performers include the Bosera Jinkai Science and Technology Park REIT, which has surged over 53%, and several other products nearing a 50% increase, reflecting strong market interest and investment potential [16][17]. Group 3: Future Outlook - The CICC and AVIC funds are committed to leveraging high-quality underlying assets to enhance management efficiency and contribute to the sustainable development of China's public REITs market [8][9]. - The ongoing approval of new REIT products, including the Tianhong Consumer REIT and others, suggests a vibrant and expanding public REIT market in China [13][14].

新华财经北京8月5日电 新华财经5日获悉，中航京能光伏封闭式基础设施证券投资基金变更注册获中国 证监会批复。这是行业首单"光伏+水电"资产组合模式的扩募项目，亦是行业首单获批的经营收益权类 扩募项目。 中航京能光伏封闭式基础设施证券投资基金扩募（以下简称"中航京能光伏REIT扩募"）项目的获批， 不仅为发起人北京能源国际控股有限公司（以下简称"京能国际"）盘活存量优质资产、实现高质量发展 注入强劲动能，也为我国清洁能源基础设施REITs市场的扩容提质起到示范作用。 据悉，中航京能光伏REIT扩募拟购入的基础设施资产为位于云南省保山市腾冲市境内的槟榔江干流的 苏家河口水电站和松山河口水电站（以下简称"新购入基础设施项目"），总装机容量483兆瓦。 新购入基础设施项目发电能力主要参与云南省优先发电计划（西电东送）和市场化交易。在满足优先发 电计划（西电东送）电量后，剩余发电能力参与市场化交易。 扩募完成后，中航京能光伏REIT持有的资产种类从单一的光伏电站变为"光伏+水电"的资产组合，可有 效实现规模效应与资产分散效应。不同类别清洁能源资产的组合，可有效规避极端天气和区域气候差异 等因素导致单一资产的波动，起到分 ...

Core Viewpoint - The public REITs market in China is experiencing significant growth with multiple "first" products being launched, indicating a positive trend in capital market support for energy transition and infrastructure investment [1][2][3] Group 1: Market Performance - As of August 1, the CSI REITs All-Return Index has increased by over 13% this year, outperforming major A-share indices such as the CSI 300 and CSI 500 [3] - Among the more than 70 listed public REITs, only 2 have reported negative returns this year, showcasing the overall strong performance of the sector [3] - The public REITs market's total market capitalization surpassed 200 billion yuan by the end of June, covering various asset types including industrial parks, logistics, data centers, and energy infrastructure [3] Group 2: Recent Listings - The first central enterprise natural gas power public REIT, Huaxia Huadian Clean Energy REIT, was successfully listed on August 1, marking a milestone in capital market support for energy transition [1] - The first central enterprise logistics REIT, Bank of China Zhongwaiyun Logistics REIT, was listed on July 29, with its underlying assets consisting of six logistics projects [1] - On July 25, Chuangjin Hexin Shounong REIT was listed, achieving a record subscription amount of 231.6 billion yuan, indicating strong market interest [2] Group 3: Investment Strategies - Analysts suggest that the recent valuation adjustments in public REITs present new investment opportunities, particularly in cash flow stable "debt-like" products and high-yield potential assets [4] - The focus should be on projects with stable cash flows, strong support from original rights holders, and stable lease agreements, especially in municipal environmental and energy sectors [4] - The normalization of public REITs issuance is expected to enhance market ecology and diversify asset types available for investment [4]