Long-term rental apartment REITs expansion: China Resources Youchao and Vanke Boyu plan to issue ABS
Recently, the long-term rental apartment market has ushered in major news. The two leading brands of China Resources Youchao and Vanke Boyu plan to issue asset-backed securities (ABS), marking the further expansion of long-term rental apartment REITs (real estate investment trust funds). This trend not only injects new financial vitality into the industry, but also provides investors with new channels to participate in the long-term rental apartment market. The following are the focus content and structured data analysis that has been hotly discussed across the Internet in the past 10 days.
1. Event background and market trends
With the continuous advancement of national policies on the housing system of "renting and purchasing", the long-term rental apartment market has gradually become a new growth point for the real estate industry. As the industry leader, China Resources Youchao and Vanke Boyu plan to issue ABS this time, aiming to revitalize existing assets, optimize the capital structure, and provide the market with more high-quality investment targets.
The following are the search popularity data for related topics in the past 10 days:
| Keywords | Searches (10,000 times) | Year-on-year growth rate |
|---|---|---|
| Long-term rental apartment REITs | 12.5 | 68% |
| China Resources ABS | 8.3 | 45% |
| Vanke Boa Apartment ABS | 7.6 | 52% |
2. ABS issuance plan of China Resources Youchao and Vanke Boyu
1. China Resources has a nest
The ABS to be issued by China Resources Youchao is expected to be 3 billion yuan, and its underlying assets are high-quality long-term rental apartment projects located in first-tier cities such as Beijing and Shanghai. After the issuance, it will further expand its market share and enhance its brand influence.
2. Vanke Boyuan
Vanke Boyuan plans to issue a scale of 2.5 billion yuan, with underlying assets covering core cities such as Shenzhen and Guangzhou. Vanke said that this issuance will accelerate the implementation of its "both intensive and important" strategy and optimize asset liquidity.
The following is a comparison of ABS issuances of the two companies:
| enterprise | To be issued scale (billion yuan) | Low-level asset city | Estimated release time |
|---|---|---|---|
| China Resources has a nest | 30 | Beijing, Shanghai | Q4 2023 |
| Vanke Bo Apartment | 25 | Shenzhen, Guangzhou | Q4 2023 |
3. Industry impact and future prospects
This ABS issuance will further promote the financialization process of the long-term rental apartment market and provide the following benefits to the industry:
1.Financial support: Alleviate the financial pressure of enterprises and accelerate scale expansion;
2.Market Specifications: Improve industry transparency through standardized financial products;
3.Investment Opportunities: Provide investors with asset allocation options with stable returns.
The following are the expected data for long-term rental apartment REITs in the past 10 days:
| index | Current value | Expected changes |
|---|---|---|
| Market size (billion yuan) | 1500 | +20% |
| Average rate of return | 4.5% | +0.3% |
| Investor participation | medium | Significantly improved |
4. Summary
China Resources Youchao and Vanke BoYu plan to issue ABS, marking the entry of long-term rental apartment REITs into a new stage of expansion. This measure will help the industry develop healthily and bring new growth points to the capital market. In the future, with policy support and market maturity, long-term rental apartment REITs are expected to become an important direction for real estate financialization.
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