SF REIT has addressed concerns over rising vacancy rates amid an increased supply of warehouses in a major market that it operates in.
The Hong Kong-listed REIT, which reported its financial results for FY2022 on 16 March, is also facing the spectre of slowdown in demand from warehouse operators as global trade volumes falter.
SF REIT reported total revenue and net property income of HKD421.5 million and HKD343.6 million for its 2022 up by 16.8% and 19.3% respectively.
Related: SF REIT reports 16.8% rise in revenue for 2022
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