Core Viewpoint - The public REITs secondary market has entered a continuous upward trend, driven by declining interest rates and strong capital allocation, indicating significant investment value in public REITs [1][9][10]. Market Performance - As of May 21, the CSI REITs Total Return Index has reached new highs for two consecutive days, with a nearly 2% increase over the past four days [1][2]. - In May, the CSI REITs Closing Index has risen over 3%, and the year-to-date increase exceeds 10% [2]. - Among the 66 publicly listed REITs, 10 have seen a monthly increase of over 10%, with the CICC Chongqing Liangjiang Industrial Park REIT rising by 20.88% [2][4]. Individual REITs Performance - Notable performers over the past month include: - CICC Chongqing Liangjiang Industrial Park REIT: 20.88% - CICC Xiamen Affordable Rental Housing REIT: 14.98% - Huaxia Jinyu Intelligent Manufacturing REIT: 13.53% [4]. - Since their inception, 15 REITs have increased by over 50%, with the CICC Xiamen Affordable Rental Housing REIT leading at 90.52% [4][7]. Comparative Returns - The average year-to-date increase for all public REITs is 18.03%, significantly outperforming traditional equity and bond funds, which have average returns of 4.76%, 3.56%, and 0.67% respectively [5]. Market Drivers - The current upward trend in the REITs market is attributed to "declining interest rates + strong capital allocation," with REITs offering stable dividend yields that are attractive in a low-interest environment [9][10]. - The market is experiencing a significant "primary-secondary price gap," with high success rates and returns for new REITs, further fueling market enthusiasm [9]. Investment Strategy - Investment institutions are advised to focus on high-quality assets with stable dividends and to be cautious of high volatility assets [11]. - The emphasis is on selecting REITs with anti-cyclical properties and those that are scarce and prudently valued [10][11].

【导读】中金亦庄产业园REIT正式获批 公募REITs市场持续扩容！ 证监会网站显示，中金亦庄产业园封闭式基础设施证券投资基金（以下简称中金亦庄产业园REIT）于5月14日获批。 | 索 引 号 | bm56000001/2025-00005968 | સે | 泰 | 公募基金;结果公示 | | --- | --- | --- | --- | --- | | 发布机构 | 证监会 | 发文日期 | | 2025年05月14日 | | 称 ਲ | 关于准予中金亦庄产业园封闭式基础设施证券投资基金注册的批复 | | | | | 文 목 | 证监许可〔2025〕1031号 | 主题词 | | 公募基金;结果公示 | REITs市场不断扩容 今年公募REITs产品供给力度仍在不断加大。 数据显示，截至5月14日，共有66只公募REITs，募集规模逼近2000亿元。2025年以来已成立7只，发行总规模为113亿元。此外，还有19只公募REITs已经 处于申报流程中，部分产品获得反馈或问询。 中金亦庄产业园REIT正式获批 5月14日，中金亦庄产业园REIT正式获得中国证监会准予注册的批复。批复文件显示，该产品基金合同 ...

【导读】中金唯品会奥特莱斯REIT正式在上交所申报 5月6日，中金唯品会奥特莱斯REIT正式在上交所申报，瞄准消费基础设施领域。 值得一提的是，今年二级市场表现居前的公募REITs中，消费类占据多数，年内最高涨幅超过40%。 中金唯品会奥特莱斯REIT申报 上交所网站显示，中金唯品会奥特莱斯REIT已于5月6日正式申报。该项目原始权益人为杉杉商业集团有限公司，中金基金担任基金管理人。 | 公募REITs名称 | 中金唯品会奥特莱斯封闭式基础设施证券投资基金 | | --- | --- | | 品种 | 基础设施公募REITs | | 发起人(原始权益人) | 杉杉商业集团有限公司 | | 管理人 | 中金基金管理有限公司 | | 专项计划名称 | 中金-唯品会奥特莱斯消费基础设施资产支持专项计划 | | 专项计划管理人 | 中国国际金融股份有限公司 | | 无异议函文号 | - | | 项目状态 | 已申报 | | 更新日期 | 2025-05-06 | | 受理日期 | - | 该项目的底层资产预计为杉杉商业旗下南昌、宁波、太原等地的奥特莱斯项目。 公开资料显示，杉杉商业集团有限公司成立于2016年，位于浙 ...