# China's Shenzhen Stock Exchange debuts first hotel REIT: Huazhu Anzhu REIT raises 1.1645 billion yuan, distribution yield up to 6%

Canonical page: https://sequoia-research.com/news/china-s-shenzhen-stock-exchange-debuts-first-hotel-reit-huazhu-anzhu-reit-raises-1-16-5fe956cb

Author: Sequoia Research
Published: 2026-10-19T07:23:00.131Z
Updated: 2026-10-19T07:38:28.068Z
Original source: [BigGo Finance](https://finance.biggo.com/news/0cb40824-0ae2-44f9-8b06-be562160794c)
Source published: 2026-10-19T06:55:00.000Z
Type: News
Topics: REITs

BigGo Finance reports an October 19–20 subscription period for Huazhu Anzhu REIT, priced at 2.329 yuan per unit. The planned issuance totals 500 million units, targeting 1.1645 billion yuan, with Huatai Securities (Shanghai) Asset Management serving as fund manager.

The portfolio comprises three hotels in Guangzhou and Shanghai with a combined 1,044 rooms. The article cites a projected distribution yield of 6.00% for 2027, based on the final offering size. It also notes that declines in occupancy and room rates could reduce the cash available for distributions.

[Read the original](https://finance.biggo.com/news/0cb40824-0ae2-44f9-8b06-be562160794c)

## Research considerations

REIT news can cover acquisitions, operating results, distributions, capital raising, and liquidity. Publicly traded and nontraded structures can have different reporting and liquidity arrangements. Identify the actual vehicle before comparing an announcement with other investments.

- Which REIT or portfolio is covered, and what period does the announcement describe?
- How do the reported figures relate to debt, operating performance, distribution coverage, and liquidity?

This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.

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