Credit funds have historically remained one of the places in the market where an investor can collect a high dividend yield. Since credit funds do not rely on the success of equities to generate theirFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growt ...

Join iREIT on Alpha today to get the most in-depth research that includes REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, and other income alternatives. 438 testimonials and most are 5 stars. Nothing to lose with our FREE 2-week trial .AI has become one of my most important topics. That's not because it's a hip theme to cover or because it produces some "cool" tech, but because I'm convinced that it's a truly transformative technology. ThatLeo Nelissen is a long-term investor and macro-focused strategist with ...

■ 零售物业 是为消费者提供一站式消费体验的线下场所。本文主要关注包括购物中心、百货等集中经营、规 模较大的零售物业。选择其作为经营性不动产系列的首篇，主要基于两方面考量：其一，作为能够产生持续、 可观现金流的不动产，在房地产存量时期，受到银行、保险等金融机构的青睐；其二，受益于消费的刚性需求 与政策红利，零售物业在收益水平和运营稳定性方面，相较其他类型的经营性不动产更优。 ■ 零售物业进入存量深耕阶段。 2020年以来，随着城镇化步伐放缓及房地产行业下行压力加大，零售物业新 增供给大幅减少。目前超过半数的零售物业已步入成熟期（运营时间大于5年），存量市场特征日益凸显。 从 经营情况来看，零售物业租金水平处于持续回落的趋势中，但空置率相对可控。 在存量博弈加剧的背景下， 多数运营商通过调整租金的方式维持出租率，实现空置率的相对可控。展望未来，由于存量竞争压力不减，预 计短期内企业为维持经营稳定性，将继续倾向于采取"以价换量"策略，租金仍有下行压力。 ■ 区位、运营管理人以及产品决定了零售物业的基本经营表现。 其一， 区位禀赋是零售物业经营的基础与关 键。一方面，零售物业所在城市能级将显著影响其未来成长性，我国 ...

National Storage Affiliates Trust (NYSE:NSA) is included among the 13 Best Dividend Stocks Paying Over 6%. National Storage Affiliates (NSA) Target Trimmed at UBS as REITs Head Into 2026 Reset On January 8, UBS lowered its price target on National Storage Affiliates Trust (NYSE:NSA) to $29 from $30 and kept a Neutral rating on the stock. UBS said the adjustment was not really about one company-specific issue. It came as part of the firm’s broader view on REITs heading into 2026.UBS expects 2026 to be an ...

1月12日，在戴德梁行举办的"洞见未来共赋新章"北京公司2025年终发布会上，戴德梁行北区董事总经 理胡峰表示，房地产行业的发展潜力和空间依然巨大，行业未来增长不再局限于新建开发，而更多来自 存量资产的精细化运营、物业服务的品质升级、租赁市场的规范发展等。 胡峰认为，基础设施公募REITs试点范围扩容至写字楼与酒店类资产，标志着中国不动产金融化进程迈 入全新阶段。这一重大政策突破，不仅为存量资产盘活提供了标准化、市场化的退出通道，为机构投资 者拓展了更具纵深与多样性的配置选择，更向商办与酒店市场的价值重塑及运营提升注入了强劲动力。 在此背景下，市场正从单纯依赖开发销售的模式，加速转向"投、融、管、退"全周期能力的竞争，专业 服务与价值运营的重要性愈发凸显。 另外，在圆桌讨论环节，戴德梁行北京估价及顾问服务部高级董事、不动产金融业务负责人刘慧，中国 资本市场部副董事总经理、北京资本市场部主管杨蕾，与普洛斯资本副总裁李宏、高和资本执行董事郑 闻莺、中信证券债务融资业务线总监及REITs组组长邱适、大家保险投资业务董事唐沛然等嘉宾，围 绕"无惧波动，穿越周期的资产管理策略"展开深度对话，从资本布局、运营优化等多维度 ...

Core Viewpoint - The Highland Global Allocation Fund (HGLB) was previously rated as a hold due to market uncertainties and its significant concentration in a few assets [1] Group 1: Investment Strategy - The company emphasizes a hybrid investment strategy that combines classic dividend growth stocks with Business Development Companies, REITs, and Closed End Funds to enhance investment income [1] - This approach aims to achieve a total return comparable to traditional index funds, specifically the S&P [1]

Core Viewpoint - The management changes at CITIC Securities Fund signify a strategic shift during a period of deep industry adjustment, aiming to enhance collaboration between the parent company and the fund segment [1][3]. Group 1: Management Changes - Huang Ling has been appointed as the head of the Wealth Committee, stepping down as the chairman of CITIC Securities Fund, while Lin Xuan is set to take over as chairman and party secretary, indicating a focus on talent development and research optimization [1][3]. - The appointment of Lin Xuan, with an investment banking background, suggests a potential emphasis on building a talent pipeline and improving the investment research system [3]. Group 2: Current Status of Securities-Backed Public Funds - CITIC Securities Fund's management scale reached 63.652 billion yuan in 2025, with 79.6% in bond and money market funds, while equity products only accounted for 14%, highlighting a structural imbalance in the market [4]. - The fund faces survival pressures due to product homogenization, with some mixed funds nearing liquidation, reflecting the challenges faced by smaller public funds [4]. Group 3: Industry Changes and Survival Strategies - The public fund industry is undergoing unprecedented adjustments, with fee reforms resulting in over 50 billion yuan in benefits, squeezing profit margins for smaller institutions [5]. - CITIC Securities Fund aims to strengthen collaboration with its parent company while focusing on niche areas like REITs and the Sci-Tech Innovation Board, indicating a clear strategic direction [5]. Group 4: Challenges Ahead - Under Lin Xuan's leadership, CITIC Securities Fund faces multiple challenges, including the need for time to develop equity products and pressure on bond fund scales due to declining fees [6]. - The fund has unique opportunities in innovative fields such as ABS, REITs, and the Sci-Tech Innovation Board, which may allow it to leverage policy benefits and enhance competitiveness [6]. - The management changes are just the beginning, with the real test lying in the execution of the new strategy as the industry shifts from scale competition to quality competition [6].

戴德梁行中国区项目及企业服务部总裁魏超英表示，2025年末，上海写字楼市场已在供应放量与需求分 化的深度博弈中完成阶段性调整。2026年，市场将正式迈入"存量提质、需求分层、运营革新、资本聚 焦"的结构性转型期，行业竞争逻辑从过往的"规模扩张"转向"质量与效率双轮驱动"。在上海《关于推 进上海市商务楼宇更新提升的实施意见》等城市更新政策及企业办公需求迭代的双重推动下，办公空间 从单一的物理载体，升级为承载产业生态构建、城市文化传承与企业成长发展的复合型价值平台。 零售市场消费稳中向好 大宗市场筑底蓄能 多层次REITs繁荣发展 上海，2026年1月6日——享誉全球的房地产服务和咨询顾问公司戴德梁行成功举办2025年终市场回顾媒 体发布会，针对写字楼市场、零售商业市场、大宗交易市场、产业地产市场以及REITs资产证券化市场 进行全景盘点，并展望2026年行业发展新机遇。 上海写字楼市场2026年开启存量提质与生态重构下的结构性机遇 2025年，上海甲级写字楼市场迎来供应放量周期，全年共14个新项目集中入市，总供应面积约85万平方 米，新增体量主要分布于浦东前滩、徐汇滨江、普陀真如等新兴板块。四季度，长宁虹桥"晶 ...

1月5日，目标总规模55亿元的"圆信基石(厦门)REITs投资基金"在厦门正式设立。这是全国首支地方政 府引导设立的REITs主题基金，凸显厦门在深化投融资体制改革、盘活存量资产领域迈出新的步伐，也 是金圆集团积极响应国家深化金融供给侧结构性改革号召、落实厦门投融资体制改革、服务城市能级跃 升的创新实践。 当前，我国正持续深化金融供给侧结构性改革，积极推动存量资产盘活，引导更多长期资本投向基础设 施领域。REITs作为连接实体经济与资本市场的创新工具，不仅是拓宽融资渠道、优化资本结构的创新 举措，更是推动有效投资、促进经济高质量发展的战略支点。 作为厦门市属国有金融服务企业，金圆集团始终坚持"支持实体、服务城市、盘活存量、优化配置"，面 向全国在资产盘活领域深耕布局，先后投资了全国首单农贸市场REITs——华威农贸REIT、全国首单总 部型科技创新产业（300832）园REITs——首农产业园REIT、全国首批2单数据中心REITs——万国数据 和润泽科技（300442）数据中心REIT等多个项目，并系统梳理储备了一批权属清晰、收益稳定的优质 资产，为REITs发行提供了扎实基础。 集聚资本合力，共建服务生态 ...

Core Viewpoint - The article emphasizes the importance of a hybrid investment strategy that combines classic dividend growth stocks with other asset types like Business Development Companies, REITs, and Closed End Funds to enhance investment income while achieving total returns comparable to traditional index funds [1]. Investment Strategy - The company advocates for a diversified investment approach that includes high-quality dividend stocks, which can provide significant long-term growth and income potential [1]. - By integrating various asset classes, the company aims to create a balanced portfolio that maximizes income while maintaining a total return aligned with the S&P 500 [1].