Commercial real estate REITs pilot has begun to take off, Shanghai Stock Exchange has already accepted 8 applications.

After nearly one month since the pilot policy for commercial real estate investment trusts (REITs) was introduced, the first batch of projects have recently been submitted for centralized acceptance. According to the official website of the Shanghai Stock Exchange, from January 29 to 30, a total of 8 commercial real estate REITs applications were received, with an expected total raising scale of 31.4745 billion yuan. The first batch of projects include various types of high-quality commercial real estate assets such as commercial complexes, commercial retail spaces, commercial office buildings, and hotels. The managers involved include Huaxia Fund, China International Fund, Harvest Fund, Huaxia Fund, and Guotai Haitong Asset Management.