REITs refer to real estate trust investment funds, which are securities instruments that pool investor funds to purchase real estate through the issuance of shares or beneficiary certificates, entrust specialized institutions to conduct investment operations and management, and distribute investment income to investors in proportion.
According to the latest news, the price and sale date of the second batch of public offering fund REITs have been determined. Let’s take a look at the subscription time for Zhongguancun Industrial Park REITs and how to buy them? When is the subscription time for Zhongguancun Industrial Park REITs? Recently, the price and sale date of the second batch of public offering fund REITs
Release date confirmed.
Among them, CCB Zhongguancun REITs are priced at 3.2 yuan per share, and the initial offering shares to the public are 80.757 million shares, accounting for 8.9% of the total number of shares offered; China Yuexiu Expressway REITs are priced at 7.1 yuan per share, and the initial number of fund shares offered to public investors is
27 million copies, accounting for 9% of the total number of shares sold.
Both projects will be on sale from November 29th to 30th.
(Photo source from: Oriental Fortune) For investors who are interested in subscribing, REITs projects can adopt two subscription methods: on-site and off-site.
The on-site subscription procedure is that from November 29 to November 30 (T+1 day) from 9:30-11:30 and 13:00-15:00, the number of subscriptions for each subscription using a Shanghai Securities account is 1,000 shares
Or an integer multiple thereof; over-the-counter subscription requires the use of a fund account, and the amount of each off-site subscription must not be less than 1,000 yuan.
If the subscription shares of public investors exceed the quota, doomsday proportional allotment will be implemented.
As a contractual closed-end project, the duration of China Yuexiu Expressway REITs is 50 years from the effective date of the fund contract, and the duration of CCB Zhongguancun REITs is 45 years.
However, after the fund is established, it will be listed and traded on the exchange, and investors with cash flow needs can exit through on-site trading.