a year

public offering of REITs, also known as real estate investment trusts, is that investors raise money to buy some "properties" and then hand them over to professional REITs companies for management.

which projects can issue public offering REITs? The recently released Notice on Doing a Good Job in the Application of Real Estate Investment Trust Fund (REITs) Pilot Projects in Infrastructure gives the answer: The pilot projects of REITs in infrastructure mainly focus on key areas such as Beijing-Tianjin-Hebei and xiong'an new area, and at the same time give priority to supporting short-board projects in infrastructure, and encourage the development of new infrastructure projects such as 5G, communication towers and Internet of Things. It mainly includes: warehousing and logistics, toll roads, urban water supply, artificial intelligence and other projects. It is worth noting that residential and commercial real estate are not within the scope.

how does the public offering of REITs help investors make money? Drawing lessons from overseas markets, the main income sources of REITs products are three aspects: first, the value-added income from rising real estate prices; The second is the operating income of the property; Third, stable property rent, most of the proceeds will be used to pay dividends. According to the requirements of the Guidelines, infrastructure funds should distribute more than 9% of the distributable amount to investors in cash, not less than once a year.