Sunlight REIT MCP

Sunlight REIT appears to be reeling from the twin impact of rising interest rates, and the Hong Kong government’s obstinate stance on maintaining its pandemic restrictions.

The REIT recently released its operational statistics for 1Q FY2022/2023, which audibly signalled falling demand for spaces in the two real estate segments it operates in.

Sunlight REIT is a mixed commercial landlord with a portfolio of 11 office assets and five retail properties.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.