Financials Jun 21, 2021 07:28 AM (GMT+8) · EqualOcean
For the domestic capital market, public REITs are new things without an accurate reference frame, and the market needs to gradually reach a consensus on the anchor of valuation in trading. Many project managers admitted that the screening criteria for the underlying assets of public offering REITs determine that the Growth Logic of the product itself is intuitive and clear. If special circumstances such as future raising and renewal are excluded, it is less likely that the cash flow distribution rate of the product will significantly exceed the expectation. In short, the product is not suitable for the common "new speculation" in IPO of A-share market.