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Yangtze River Delta REITs Forum unveils in Pudong

english.pudong.gov.cn Updated:2023-06-06

The Yangtze River Delta Real Estate Investment Trusts (REITs) Forum was held in Pudong on May 31, bringing together key stakeholders such as the Shanghai Municipal Development and Reform Commission, the Regional Cooperation Office of the Yangtze River Delta, and the Shanghai Stock Exchange. The event aimed to foster REIT development and breathe new life into existing assets through in-depth exchanges among industry experts.

During the forum, experts and specialists from the National Development and Reform Commission provide insights into the latest policies concerning REITs. Issuers, investors, and fund managers engaged in discussions regarding the positive impact of REITs on asset operation efficiency. The forum also emphasized the significance of fundraising and investment analysis in secondary markets within the REIT framework.

Since its inception, the pilot scheme for REITs in China has proven to be a resounding success. A total of 27 trusts have been listed, collectively raising an estimated 910 billion yuan ($124.83 billion). This influx of capital has sparked a wave of new project investments, injecting 4.4 trillion yuan into various infrastructure classes. These initiatives have played a critical role in revitalizing existing assets, breathing new life into them, and fostering a favorable investment climate.

To transform the Yangtze River Delta into a globally competitive REITs hub, Shanghai has introduced favorable policies and facilitated the listing significant projects on the Shanghai Stock Exchange. Over the past year, the Yangtze River Delta Infrastructure REITs Industry Alliance has accomplished significant results through regular activities, such as local and university visits, thematic exchanges, and annual forums.

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The Yangtze River Delta Real Estate Investment Trusts Forum is held in Pudong on May 31. [Photo/WeChat account: gh_01c6f7b4cf3d]