Core Insights - 中金普洛斯REIT held an investor open day in Suzhou, discussing fund performance, project operations, future management strategies, and market trends in the logistics sector [1] Group 1: Fund Performance - As of 2025, 中金普洛斯REIT has distributed approximately 175 million yuan, with a total of over 1.2 billion yuan distributed since its listing in 2021, achieving nearly 100% annual dividend payout ratio [1] Group 2: Asset Overview - The underlying asset, 普洛斯苏州望亭物流园, was built in two phases from 2009 to 2017, with a total leasable area of approximately 94,434 square meters [1] - The logistics park has a current occupancy rate of 100%, an average remaining lease term of 866.54 days, and a rent collection rate of 99.53% as of the end of Q2 this year [1] Group 3: Location and Market Context - The logistics park is located within the Suzhou Wangting International Logistics Park, near Wuxi Airport and Suzhou North Station, and is adjacent to two national high-tech development zones [1] - The surrounding area hosts over 50 Fortune Global 500 companies, indicating a strong market presence and potential for growth [1]

Group 1 - The report by CBRE indicates that in the first half of 2025, Beijing's total new supply of warehouse logistics projects reached 366,000 square meters, surpassing the total supply for the entire previous year, with all new supply coming from the Pinggu area [1] - Third-party logistics, represented by supply chain and contract logistics companies, dominated the new demand for warehouse logistics projects in Beijing, accounting for 40% of the total new leasing area [1] - The net absorption in Beijing for the first half of the year was 53,000 square meters, showing improvement compared to the negative absorption in the same period last year [1] Group 2 - In the surrounding Beijing market, Langfang delivered a high-standard warehouse project in Gu'an, contributing 86,000 square meters of new supply, with strong demand driven by low-price strategies [2] - The total net absorption in the surrounding Beijing area reached 781,000 square meters in the first half of the year, indicating robust market activity [2] - The report forecasts that in the second half of the year, Beijing will see an additional 1.22 million square meters of new high-standard warehouse facilities, primarily located in Pinggu [2]