Shopping Center REITs Break Record with 249x Subscription Rate in This Year's First Public Offering
1 week ago / Read about 0 minute
Author:小编   

The CICC China Green Development Commercial REITs recently debuted on the Shenzhen Stock Exchange, marking the first public offering of shopping center REITs this year. The fundraising scale for this product amounted to RMB 1.58 billion, with offline subscription multiples soaring as high as 249 times, establishing a new benchmark for similar assets. As the inaugural public offering of consumer infrastructure REITs following the joint issuance of the "Guiding Opinions on Financial Support to Boost and Expand Consumption" by six ministries, its underlying asset is a major shopping center situated in Jinan. This listing underscores the market's profound recognition of high-quality commercial asset REITs.