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

Hong Kong-listed SF REIT has provided further guidance on where it intends to expand amid growing demand for logistics assets in the region.

The REIT recently reported its FY2023 results, for which it recorded a 5.6% growth in revenue for the year in spite of a challenging financing climate.

Related: SF REIT reports 5.6% growth in revenue for FY2023 despite rising interest rates

The REIT presently owns a portfolio of four logistics assets, and these are located in Tsing Yi, Hong Kong as well as Changsha, Foshan and Wuhu in mainland China.

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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.