Fortune REIT warns of loss, braces for HKD2.5 billion hit in portfolio value


Fortune REIT has warned investors that it expects to record a net loss for the first six months of 2020, amid difficult operating conditions.

Fortune REIT is a Hong Kong-listed REIT with a portfolio of 16 private housing estate retail properties, comprising 3 million square feet of retail space, and 2,713 car parking spaces.

Dear subscribers, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here.


Comments are closed.