沪深交易所：稳步推动商业不动产REITs试点落地

证券日报 2025-11-29

11月28日，中国证监会发布《关于推出商业不动产投资信托基金试点的公告（征求意见稿）》，启动商业不动产投资信托基金（以下简称“商业不动产REITs”）试点。　　《证券日报》记者从多方了解到，沪深交易所等单位正在紧锣密鼓推进配套规则修订、系统改造和试点项目培育等工作，相关规则同步征求市场意见。　　上交所相关业务负责人表示：“下一步，上交所将在中国证监会的指导下，稳步推进商业不动产REITs试点...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

我们需要你的真知灼见来填补这片空白

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/2587955753?lang=zh_CN&edition=full","thumbnail":"","is_english":false,"pubTime":"2025-11-29 06:14","share_image_url":"https://static.laohu8.com/b0d1b7e8843deea78cc308b15114de44","id":"2587955753","market":"other","top_or_hot":-1,"title":"沪深交易所：稳步推动商业不动产REITs试点落地","media":"证券日报 ","content":"<div>\n<p>11月28日，中国证监会发布《关于推出商业不动产投资信托基金试点的公告（征求意见稿）》，启动商业不动产投资信托基金（以下简称“商业不动产REITs”）试点。\n　　《证券日报》记者从多方了解到，沪深交易所等单位正在紧锣密鼓推进配套规则修订、系统改造和试点项目培育等工作，相关规则同步征求市场意见。\n　　上交所相关业务负责人表示：“下一步，上交所将在中国证监会的指导下，稳步推进商业不动产REITs试点...</p>\n\n<a href=\"https://finance.sina.com.cn/jjxw/2025-11-29/doc-infyzcyq7772466.shtml\">网页链接</a>\n\n</div>\n","source":"sina","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>沪深交易所：稳步推动商业不动产REITs试点落地</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n沪深交易所：稳步推动商业不动产REITs试点落地\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-11-29 06:14 北京时间&nbsp;&nbsp;&nbsp;<a href=https://finance.sina.com.cn/jjxw/2025-11-29/doc-infyzcyq7772466.shtml><strong>证券日报 </strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>11月28日，中国证监会发布《关于推出商业不动产投资信托基金试点的公告（征求意见稿）》，启动商业不动产投资信托基金（以下简称“商业不动产REITs”）试点。\n　　《证券日报》记者从多方了解到，沪深交易所等单位正在紧锣密鼓推进配套规则修订、系统改造和试点项目培育等工作，相关规则同步征求市场意见。\n　　上交所相关业务负责人表示：“下一步，上交所将在中国证监会的指导下，稳步推进商业不动产REITs试点...</p>\n\n<a href=\"https://finance.sina.com.cn/jjxw/2025-11-29/doc-infyzcyq7772466.shtml\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CFA","symbol_name":"VictoryShares US 500 Volatility Wtd ETF","start_time":0,"source_url":"https://finance.sina.com.cn/jjxw/2025-11-29/doc-infyzcyq7772466.shtml","article_id":"2587955753","we_media_id":null,"thumbnails":[],"rights":{"source":"sina","url":"https://finance.sina.com.cn/jjxw/2025-11-29/doc-infyzcyq7772466.shtml","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.art_tit_h1{#titleStyle#}a{#lv2TextColor#}.art_time, .art_cite{#sourceStyle#;} .art_cite{margin-left: 3px;}","selectors":".module-article, article","filters":"header, .voice2, .tags, #norm_qrcode_link_auto, .unfold-box, .action","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2587955753","pubTimestamp":1764368040,"columns":[],"sourceInfo":{"source_id":"sina","name":"sina"},"weMediaInfo":null,"summary":"11月28日，中国证监会发布《关于推出商业不动产投资信托基金试点的公告》，启动商业不动产投资信托基金试点。　　深交所相关业务负责人表示：“接下来，深交所将按照中国证监会统一部署，优化完善REITs配套规则，开展系统适配性改造，联合市场各方做好商业不动产REITs项目培育和储备，稳步推动商业不动产REITs试点落地，持续增强多层次资本市场服务实体经济质效。”","collect":0,"end_time":0,"defaultTopTitle":"sina.com.cn","property":[],"viewcount":null,"language":"zh","relate_stocks":{"159982":"中证500","399300":"沪深300","CFA":"VictoryShares US 500 Volatility Wtd ETF","CFA.SI":"NikkoAM-STC Asia REIT"},"translate_title":"Shanghai and Shenzhen Stock Exchanges: Steadily promote the pilot implementation of commercial real estate REITs","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"159982":1.5,"399300":1.5,"CFA":1.5,"CFA.SI":1.5},"content_text":"11月28日，中国证监会发布《关于推出商业不动产投资信托基金试点的公告（征求意见稿）》，启动商业不动产投资信托基金（以下简称“商业不动产REITs”）试点。\n　　《证券日报》记者从多方了解到，沪深交易所等单位正在紧锣密鼓推进配套规则修订、系统改造和试点项目培育等工作，相关规则同步征求市场意见。\n　　上交所相关业务负责人表示：“下一步，上交所将在中国证监会的指导下，稳步推进商业不动产REITs试点各项工作，持续完善相关业务规则，协同各方做好市场培育，进一步激发市场参与主体活力。以优质商业不动产先行稳步开展试点，把好资产‘入口关’，鼓励运营管理强、资产运营表现稳健的优质项目开展试点，切实做好风险防范，引导相关主体归位尽责，共同推动公募REITs市场高质量发展，构建运转高效、风险可控、生态健康的REITs市场体系。”\n　　深交所相关业务负责人表示：“接下来，深交所将按照中国证监会统一部署，优化完善REITs配套规则，开展系统适配性改造，联合市场各方做好商业不动产REITs项目培育和储备，稳步推动商业不动产REITs试点落地，持续增强多层次资本市场服务实体经济质效。”\n　　根据市场公开数据统计，截至目前，全市场共有77只REITs产品上市，发行规模2070亿元（含扩募），行业首单、区域标杆渐次落地，市场容量持续提升，运行整体平稳，投资者群体日益成熟，为推出商业不动产REITs奠定了坚实的制度基础、市场基础和生态基础。\n　　此外，我国资本市场在商业不动产盘活领域积累了丰富的实践经验。据公开数据统计，自2024年以来，以酒店、写字楼、购物中心等优质商业项目作为底层资产的CMBS、类REITs及持有型不动产ABS产品发行规模近千亿元，市场各方对商业不动产的估值逻辑、运营管理、产品机制设计等方面已形成较为广泛的共识。\n　　“公募REITs试点启动至今已经历5个年头，成效有目共睹。启动商业不动产REITs试点意义非凡，必将进一步发挥REITs市场功能，更加有效盘活存量资产，为经济社会发展注入新的动力。”业内人士向《证券日报》记者表示。\n\n\n海量资讯、精准解读，尽在新浪财经APP\n\n责任编辑：宋雅芳","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"tenantId":"TBCN","deviceId":"web-server-community-laohu8-v3","version":"4.36.2","shortVersion":"4.36.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2587955753","isCrawlerRequest":true}