REIT stands for Real Estate Investment Trusts
Posted: Sun Feb 16, 2025 7:16 am
On January 9, the Guotai Junan Jinan Energy Heating REIT offering results announcement showed that as of January 6, 2025, the number of fund shares effectively subscribed by public investors was 12.202 billion shares, which was 813.44 times the initial number of fund shares offered to the public, setting a record high for the public subscription multiples of public REITs.
The actual confirmation rate of valid subscription applications from public investors also hit a new historical low of 0.12293446%.
The total number of fund shares raised by Guotai Junan Jinan Energy Heating REIT this time is 200 million, consisting of three parts: strategic placement, private placement and public offering.
Calculated based on the issue price, the fundraising scale before the belgium telegram data offline offering proportional allocation was approximately 36.903 billion yuan; the number of strategic allocation fund shares was 150 million, and the subscription scale was 1.122 billion yuan. Based on this calculation, the amount of funds raised by Guotai Junan Jinan Energy Heating REIT in this issuance reached 129.293 billion yuan (including strategic placement, private placement and public offering), which is 86.43 times the size of its initial public offering (1.496 billion yuan).
It is a trust fund that collects funds by issuing shares or beneficiary certificates, is managed by a specialized fund custodian, and entrusts a specialized investment institution to carry out real estate investment and operation management, and distributes the comprehensive investment income to investors in proportion.
REITs portfolios typically include multiple types of real estate assets, which are diversified by region and type, reducing the impact of a single real estate project on the overall investment. For example, investing in different types of properties such as office buildings, hotels, and residences at the same time.
Publicly traded REITs allow investors to buy and sell at any time on the securities market, greatly improving the liquidity of assets compared to direct real estate investment.
The actual confirmation rate of valid subscription applications from public investors also hit a new historical low of 0.12293446%.
The total number of fund shares raised by Guotai Junan Jinan Energy Heating REIT this time is 200 million, consisting of three parts: strategic placement, private placement and public offering.
Calculated based on the issue price, the fundraising scale before the belgium telegram data offline offering proportional allocation was approximately 36.903 billion yuan; the number of strategic allocation fund shares was 150 million, and the subscription scale was 1.122 billion yuan. Based on this calculation, the amount of funds raised by Guotai Junan Jinan Energy Heating REIT in this issuance reached 129.293 billion yuan (including strategic placement, private placement and public offering), which is 86.43 times the size of its initial public offering (1.496 billion yuan).
It is a trust fund that collects funds by issuing shares or beneficiary certificates, is managed by a specialized fund custodian, and entrusts a specialized investment institution to carry out real estate investment and operation management, and distributes the comprehensive investment income to investors in proportion.
REITs portfolios typically include multiple types of real estate assets, which are diversified by region and type, reducing the impact of a single real estate project on the overall investment. For example, investing in different types of properties such as office buildings, hotels, and residences at the same time.
Publicly traded REITs allow investors to buy and sell at any time on the securities market, greatly improving the liquidity of assets compared to direct real estate investment.