Data from Sunlight REIT's latest disclosure has been updated into the Hong Kong REITs table.
Sunlight REIT has reported gross revenue of HKD830.2 million for the 12-month period that ended on 30 June 2024 but is reeling from an apparent lack of demand for office spaces.
The REIT has attributed this growth to income contribution from its newly acquired asset, West 9 Zone Kids.
Property operating expenses for the period increased by 14.4% year-on-year to HKD182.2 million, reflecting lower fiscal concessions as compared with the previous year.
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