On May 31 , the Yangtze River Delta REITs exchange meeting "Surging Pujiang · Financing linkage" was held in Pudong , co-sponsored by the Shanghai Municipal Development and Reform Commission, the Yangtze River Delta Regional Cooperation Office and the Shanghai Stock Exchange, and organized by the Yangtze River Delta Infrastructure REITs Industry Alliance. . The event centered on the theme of "Vitalizing Existing Assets and Helping Create a New Highland for the Development of REITs ", and carried out in-depth exchanges and sharing.
Experts from the Investment Department of the National Development and Reform Commission shared the latest policies on REITs . Representatives of REITs issuers, investors and fund managers conducted in-depth exchanges on topics such as the positive role of REITs in improving asset operation efficiency, the role and significance of fundraising expansion in the development of REITs , and the valuation and investment analysis of REITs secondary markets.
Since the launch of the REITs pilot program, various tasks have been advanced in an orderly manner, and the operation has been generally stable. Up to now, 27 REITs have been listed , and the accumulated funds raised are about 91 billion yuan. The funds recovered by the listed REITs have driven the investment of new projects to exceed 440 billion yuan. The projects cover toll roads, industrial parks, sewage treatment, warehousing and logistics, clean energy, security A variety of mainstream infrastructure types such as permanent rental housing and new energy have played an important role in revitalizing stock assets and expanding effective investment.
In order to speed up the creation of a new highland for the development of REITs with international competitiveness , Shanghai issued the "Shanghai REITs 20" supporting policies to promote Zhangjiang Guangda Park, Lingang Innovation Industrial Park, Dongjiu New Economic Industrial Park, and China Resources Youchao affordable rental housing and other high-quality projects were listed on the Shanghai Stock Exchange, which played a good demonstration role.
It is understood that in May last year , with the support of the Yangtze River Delta Regional Cooperation Office and the Development and Reform Commission of the three provinces and one city, the Shanghai Stock Exchange promoted the establishment of the Yangtze River Delta Infrastructure REITs Industry Alliance to comprehensively help create a new highland for the development of REITs with international competitiveness . Since its establishment more than a year ago, the Yangtze River Delta REITs Alliance has carried out a number of regular activities such as "going into the local area", "going into colleges and universities", theme exchanges, round table forums and annual forums, and achieved good results .
It is reported that in the next step, the Yangtze River Delta REITs Alliance will further leverage the advantages of platform cohesion, fully tap the potential of infrastructure REITs in the Yangtze River Delta region , and work with all parties to promote the healthy and sustainable development of the REITs market.