【华泰证券:在产权类REITs中,消费板块最具有前周期属性】华泰证券指出,2024年作为消费REITs的开局之年,各REITs面临相对平淡的零售市场以及市场供应放量的挑战,全年实现的收益仍然完成了各自的预测目标,股价相对板块均有超额收益,证明零售物业运营商主动管理的价值。运营表现有所分化,超预期业绩表现及品牌优势都兑现为估值溢价。我们认为在产权类REITs中,消费板块最具有前周期属性,因此在宏观环境改善进程中有望率先受益,4%左右的股息率巩固其配置价值。

金融界
28 Feb
华泰证券指出,2024年作为消费REITs的开局之年,各REITs面临相对平淡的零售市场以及市场供应放量的挑战,全年实现的收益仍然完成了各自的预测目标,股价相对板块均有超额收益,证明零售物业运营商主动管理的价值。运营表现有所分化,超预期业绩表现及品牌优势都兑现为估值溢价。我们认为在产权类REITs中,消费板块最具有前周期属性,因此在宏观环境改善进程中有望率先受益,4%左右的股息率巩固其配置价值。

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