Analysis of REITs in the Post-epidemic Era: Evidence from Boshi Shekou Industrial Park

Abstract

Under the influence of the COVID-19 pandemic, the production and business activities of enterprises have stagnated, and the real economy has been seriously affected negatively. In order to revitalize stock assets and complete high-quality economic transformation, China has introduced REITs as financial instruments, and the development of REITs in China is still in the exploratory stage, which has a wide range of development space. This study will take the REITs of Boshi Shekou Industrial Park as the analysis object. Based on the analysis of the market value and the causes of almost complete, Chinese REITs got failure and entered the state of grinding the bottom from 2023. Subsequently, we will estimate the risks which it may face in the future. According to the estimated results, this study will put forward feasible suggestions in terms of institutional policies and future innovation to facilitate the recovery and sustainable development of China's economy in the post-epidemic era.