Definition of REITs REITs refers to "real estate investment trust funds". It is an investment fund that issues income certificates to investors, raises funds to invest in real estate, and distributes investment income to investors.

The development of REITs in the global market Our work and life are closely related to the development of real estate. Office buildings, shopping malls, highways, industrial parks, etc., all belong to the category of real estate.

Looking around the world, REITs originated in the United States and later developed to more than 40 countries and regions including Australia, Japan, Singapore, and Hong Kong.

In the nearly 60 years since its birth, the basic assets have gradually expanded from commercial properties to transportation, energy, retail, medical and other fields, and the global asset management scale has exceeded US$2 trillion.

Functions and Characteristics of REITs The launch of REITs is of great significance to macroeconomic development. It can help companies quickly withdraw funds, revitalize existing assets, and inject new momentum into the market.

In addition, it lowers the threshold for investors to participate in real estate investment, and has the characteristics of high liquidity, relatively stable income, and strong security.

The pilot program for publicly offered REITs in the domestic infrastructure field officially started. On April 30, 2020, the China Securities Regulatory Commission and the National Development and Reform Commission jointly issued an important notice that the pilot program for publicly offered REITs in the domestic infrastructure field officially started.

This means that individual investors can also share the dividends of high-quality national economic development by participating in public REITs, but they should understand relevant knowledge, be aware of investment risks, and invest rationally.