A Research on Neoinfrastructure REITs Pricing Measures and Risk Management

DOI

10.2991/978-94-6463-010-7_79How to use a DOI?

Keywords

Reits; Risk Management; Pricing Model; Cash Flow from Operation; Multiplier

Abstract

Since China’s neoinfrastructure REITs have just started, there is limited research on REITs products and risks in China. This paper analyzes the revenue and risk characteristics of infrastructure such as small hydropower stations and modifies the traditional operating cash flow method, multiplier method, and other REITs product pricing methods to make them applicable to small hydropower stations REITs product pricing. At the same time, this paper carries out a sensitivity analysis of the key factors affecting the value of infrastructure to provide a reference for the risk management practices of neoinfrastructure REITs products.

Copyright

© 2023 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Shaozhen Chen
AU  - Zitong Lyv
AU  - Yuchen Fu
PY  - 2022
DA  - 2022/12/02
TI  - A Research on Neoinfrastructure REITs Pricing Measures and Risk Management
BT  - Proceedings of the 2022 International Conference on Artificial Intelligence, Internet and Digital Economy (ICAID 2022)
PB  - Atlantis Press
SP  - 791
EP  - 801
SN  - 2589-4919
UR  - https://doi.org/10.2991/978-94-6463-010-7_79
DO  - 10.2991/978-94-6463-010-7_79
ID  - Chen2022
ER  -