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.
Dear members, 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. Why subscribe?