??REITs??????????

????:?????????:?????????

??????REITs(?????????????)??????2021????????6?????????????21????,??9????????REITs?????????,??????????????????????????REITs????3???,?????????????REITs???????????????????,???????,?,?,??????????????????,??????????????????????????????????????,??“???????+?????????????????????”?????????,?,???????REITs??????????,?????????????????????????

??????

??????REITs,????????????????,??,???????????,???REITs???????“??????????IPO”,????REITs??,?,??????????????

2020???????????????4??????????????,?????«????????(REITs)??»,????????REITs???????????????6????????14??????????,???????REITs??????????????????????????????36????????,????1100???????????????,??????????????????????????????????????????????????????????????????????,??3???????REITs??????????????????????????????????REITs?????,???????????????????????

????????????REITs???????“?REITs??????,?????????????????,????????,????????????????????????????????,???,??????????????????????????REITs???????????,??????,??,?????”???????

????3??????????,??????????????REITs????????,?????,????????,?REITs?????????????,?????????????????,????REITs??????????

2023????????6???????16???????,??REITs?,?????????????????????,?????????????????????????,REITs??????????“?????+?”?????????????????????????????????(?????“????REIT”)????????“??+??????”???????????????REITs????????????:“????????,??REITs?????????,?????????????,?????????????,?????,?????????,?????????????,??????????????????????,????”???????????,???REITs??????,????????????3?,?????????

??????????

???????????,????,????????????REITs??????????????????????????,?????????????????????

?????????????????????????REITs???????2020???????8??«??(??)»??????,???REITs????????????,?????????90%???????????REIT??????????,????3??????????????31?????????,????REIT??????,?2023???????,???????????1.05??,???100%????????????????????2021??????????????6????????,?????REIT??7??????????????????,???????????????????7.67????,?????100%,??

?REITs???????????,?????????REITs????,??????????????????????????,???????REITs???????????;???,?????????????????????REITs?????????????;??????????,?????REITs??????????

??,?????????????????REITs??????,??????????????????????REITs?????????????6?14?????,??REITs????????10%???????????????,??REITs??:??,????????????????????????2024???????,?????????????????????????,????;?,??????????“????????”????????,???????????????????????REITs?????,???????????????,??;???????,??????????,REITs????????????????

????????,?????REITs????????,????,???????????????????REITs??????????,?,?????????????,?????????????????“???????????????????????,REITs???????????????????????????????????????,?????????????,????????????”?????????????????????????????????,?????????????????????,??REITs??????????,?????????

??

?????????????????????,???,??????????????REITs??4??????????????12??,????????????????“??????”????,??;???????????;???????????????????????????????4??????19??????????,??????5??,??????REITs???????????????,????????????????«??????????????»,??????????REITs,????????

???????????????????,??“??”?????REITs??REITs??,??????REITs?????????????,??,??????????????REITs??,?????

“??????????????REITs?,??”?????????,???????????REITs?,?????,?????????????????????????????????,??????????????????????????,????REITs???

????????????REITs?????????????,????????????????REITs?,???????,????????3????“????REITs????????????,??????????????,??REITs??????,??????,??????????????,????????????,???????????REITs????????”

??,??,???????????????????,?????????????,??????????REITs??,????????????????,?????,?????????????REITs???????????????????????????????????????????,??REITs???????????“????REITs????????????,????????????????????????????????????????????????,????????????????,???”??,????,????????,??????????,??REITs????????? ????????????????:??????????