The highest increase this year is close to 50%, and the "circle of friends" of public-offered REITs continues to expand.

This year, public REITs have achieved record high returns. As of May 23, Huaxia Dayuecheng Commercial REIT and Huaxia BaiLian Consumer REIT have both seen nearly a 50% increase in value since the beginning of the year. In addition, 19 REITs have seen returns between 20% and 40% since the beginning of the year. A total of 40 REITs have seen returns of over 10% since the beginning of the year. The increasing investment value has also expanded the "circle of friends" for public REITs. In addition to the 8 REITs that have already been listed this year, there are also multiple new projects and fundraising projects in the pipeline. At the same time, public REITs have attracted investments from insurance companies, securities firms, and wealth management subsidiaries.