Allocation accounts for nearly half, the insurance capital eagerly explores REITs among institutions.

Against the background of low interest rates and the "asset scarcity", in order to effectively alleviate the pressure of asset-liability matching, each suitable asset will become the target of competition for insurance funds. It was learned from the industry on April 23rd that in recent years, with the acceleration of the issuance of holding type real estate ABS, inter-institutional REITs have gradually gained more favor from insurance funds, with insurance funds accounting for nearly half of the allocation in the inter-institutional REITs market, becoming a true "big buyer". Industry insiders believe that inter-institutional REITs have a long investment horizon and can provide stable cash flow, which can effectively help insurance funds achieve their asset-liability matching goals, so the participation and influence of insurance funds in the inter-institutional REITs market will continue to rise. However, inter-institutional REITs also face the "growing pains" - the immature shortcoming of incomplete market mechanisms, the need to increase trading activity, and expand the investor base still need to be resolved.