Fortune REIT has announced its financial results for the year ended 31 December 2024, highlighting revenue stabilization in the second half of the year alongside improved occupancy and high tenant retention.
Fortune REIT reported revenue of HKD1,746.3 million and net property income of HKD1,253.3 million for 2024, with most of the declines concentrated in the first half.
In the second half, revenue showed a sequential improvement of 0.3% and decreased by only 0.3% year-on-year.
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