Research On The Performance Of Yuexiu Real Estate Investment Trust

Over the past few decades,with the rapid development of REITs,Asian countries and regions represented by Japan,Singapore,Chinese Hong Kong,and Chinese Taiwan have gradually introduced REITs systems and become more mature.However,due to various institutional and regulatory reasons,REITs have not been introduced in China.In2005,Hong Kong allowed the issuance of REITs composed of non-Hong Kong properties,creating conditions for Chinese domestic enterprises to issue REITs overseas.In the same year,Yuexiu Group packaged its domestic property assets and successfully issued REITs in Hong Kong.At present,China’s real estate industry has entered the era of stock,commercial real estate holdings increased year by year,through the development of REITs inventory inventory assets become a realistic demand.This article mainly uses the literature research method and the case analysis method,combined with the current relevant policies and industry background of our country,to explain the research status of REITs at home and abroad.It also defines the related concepts of REITs,and introduces the development history of REITs and the status quo of applications at home and abroad.By introducing the basic situation of Yuexiu REITs and the cause of its issuing,this paper analyzes the case from two aspects of financial performance and market performance,and probes into the influence of Yuexiu REITs on the performance of Yuexiu real estate and the existing problems.First of all,financial performance,through the analysis of the changes in corporate financial indicators,the impact of the issue of REITs on the financial effects of real estate;second,the issuance of REITs is reflected according to the stock price changes and the fund performance of REITs.Market effect.And draw conclusions and make recommendations from this.Through the above analysis,it is found that the issuance of REITs has a positive effect on Yuexiu’s performance.At the same time,combined with the current development status of my country’s REITs and the real estate industry,summarizing and drawing on the issuance experience and transformation model of Yuexiu REITs,the product design,taxation arrangements,and other domestic commercial real estate developers that have launched infrastructure public offering REITs in my country are important assets.There are certain empirical enlightenments in the transformation to light assets.