404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
公募REITs预演 携手高和资本红星美凯龙开拓类REITs
2017-09-13 16:11:23 中国经济网
该“类REITs”将天津的两间红星美凯龙家居商场证券化,红星美凯龙仍将继续向商场提供管理服务。据悉,此计划仅面向机构投资者,总规模为26.5亿元。其中优先级合计为18.0 亿元,由银行、公募基金等机构参与认购;权益级证券合计为8.5亿,由高和资本发起的私募基金认购。高和资本亦担任项目牵头人,渤海汇金担任计划管理人。
探索权益型类REITs进行公募REITs的预演
中国证监会债券部主任蔡建春表示,资产证券化作为直接融资工具,具有盘活存量资产、提升资源配置效率、降低融资成本的特点,契合支持服务实体经济、支持供给侧结构型改革的要求,发展资产证券化也符合当前金融工作会议的精神。证监会债券部将会加强规则体系建设、强化事中事后监管,完善信息披露制度,加快推动REITs等具有重要创新意义的落地,进一步完善对PPP等重点领域的支持力度。证监会和交易所推动的类REITs市场在法律框架、交易结构设计、投资人教育、税收实践和不动产基金管理人的培育上都为将来的公募REITs提供大量可资借鉴的经验。通过自上而下的监管引导和自下而上的实践创新相结合,相信中国公募REITs将会有更坚实的诞生基础。
中国证券投资基金业协会会长洪磊和副会长张小艾在不同场合积极呼吁和推动公募REITs发展。洪磊会长指出,发展REITs意义重大,主要体现在:一是盘活公共资产,激活地方投融资效率;二是拓展长期资本形成机制,改善金融资本供给效率;三是推动养老金等投资于优质资产,为全民共享经济发展成果提供理想渠道。张小艾副会长认为,中国REITs的发展机遇与挑战并存。到目前为止,我国仍没有出现真正的REITs产品,其原因主要有以下几个方面。一是基础资产信用不独立,无法摆脱“刚性兑付”。二是制度环境滞后,缺少统一的市场化运作环境。三是缺少综合性行业税制安排。四是资产持有资金成本过高,权益型投资回报率不足。洪磊会长建议从四个方面推动REITs和资产证券化发展:包括在《基金法》框架下推动REITs基本制度设计;加快构建资产证券化上市规则和REITs监管与自律体系;积极推动资本市场统一税制,明确REITs相关税收政策;推动私募基金和公募基金等专业机构投资人、养老资金投资公募REITs,完善资产管理市场“基础资产、投资工具、大类资产配置”三层架构。
据悉,目前在中国证券投资基金业协会备案的类REITs超过400亿元,且开始吸引了私募基金等专业机构对权益级或次级档的投资。权益型类REITs在上述几个方面的实践和摸索将是迈向中国公募REITs的关键过渡。
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
相关阅读
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
加载更多>>
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China
404 Not Found
404 Not Found
Sorry for the inconvenience.
Please report this message and include the following information to us.
Thank you very much!
URL: |
http://3g.china.com:8080/act/news/11038989/20170913/31386007.html |
Server: |
cms-9-53 |
Date: |
2024/12/03 20:34:26 |
Powered by China
China