CNAMC China Resources Commercial Asset Closed Infrastructure Real Estate Investment Trust
SSZSE:1806019.37
CNY
-0.01
(-0.12%)
ISIN
CNE100006FH6
Return %
Stock
S&P 500
1Y
-4.43
13.14
3Y
- -
80.78
5Y
- -
67.74
Capital Structure
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Beijing China
- Similar Companies
- Business
- CNAMC China Resources Commercial Asset Closed Infrastructure Real Estate Investment Trust (SZSE: 180601) is a China-based closed-end infrastructure real estate investment trust managed by China Asset Management Co., Ltd. and sponsored by China Resources Land Limited. Established in 2024 and headquartered in Beijing, China, the trust focuses on the investment, ownership, operation, and asset management of high-quality consumer infrastructure and commercial retail properties in Mainland China. The trust's core investment portfolio centers on Qingdao MixC, a premier large-scale urban commercial complex located in the central business district of Qingdao, Shandong Province. The trust generates revenue primarily through commercial property leasing and comprehensive asset operation services. Its core product and service offerings comprise commercial retail space leasing for international fashion, luxury, beauty, electronics, and lifestyle apparel retailers; food and beverage space leasing encompassing fine dining, casual restaurants, specialty cafes, and food courts; entertainment and experiential venue leasing, including multi-screen cinema complexes, indoor ice rinks, and family entertainment centers; lifestyle and personal service leasing spanning wellness, fitness, beauty salons, and early childhood education; specialty retail cart, pop-up space, and common area promotional leasing; integrated property management services encompassing facility engineering, security, sanitation, and concierge operations; on-site parking garage operations and intelligent mobility management; and digital marketing, loyalty membership program operations, and promotional event hosting. The trust serves a diverse consumer demographic, corporate tenants, and international retail brands across the regional Shandong market. In recent developments, the trust completed its initial public offering and commenced trading on the Shenzhen Stock Exchange in March 2024 as one of the inaugural commercial consumer infrastructure REITs approved under China's public REIT framework, raising approximately RMB 6.9 billion in proceeds. Following its public listing, the trust executed targeted tenant mix upgrades and space reconfigurations across Qingdao MixC throughout 2024 and 2025, onboarding high-profile domestic and international flagship stores while maintaining an occupancy rate exceeding 98 percent. Additionally, the trust established recurring cash distribution mechanisms to deliver scheduled dividend distributions to institutional and retail unitholders, while collaborating with commercial property operator China Resources Mixc Lifestyle Services Limited to implement energy efficiency retrofits and evaluate potential pipeline asset acquisitions from China Resources Land Limited.