中信建投：“非标”的机构间REITs如何进行可比定价?

智通财经06-03

智通财经APP获悉，中信建投发布研报称，供给扩容打开配置空间，建议关注高胜率、高赔率及高效率三类项目。机构间REITs项目丰富度提升，投资框架可由早期个案判断逐步转向同类可比定价。高胜率的稳健底仓型，适合低波动长久期资金;高赔率的收益增厚型，适合具备条款核验能力的资金;高效率的培育退出型，适合具备资产培育、阶段退出或流动性管理诉求的资金。中信建投主要观点如下：机构间REITs持续高速扩容，流动性...

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