Hubert Chak, CEO of SF REIT.Hubert Chak, CEO of SF REIT.

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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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.