Fortune REIT asset in Singapore, Stars of Kovan. (Photo: Google Maps)

Fortune REIT reported a 1.0% increase in its interim distribution per unit to 18.41 Hong Kong cents for the six months ended 30 June 2025, despite facing challenges in Hong Kong's transitioning retail market.

The Hong Kong-listed REIT, which operates 17 retail properties across Hong Kong and Singapore, benefited from significant interest savings as short-term HIBOR rates declined substantially during the second quarter of 2025.

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By Rachel Young

Rachel Young is a staff writer for REITsWeek and is based in Singapore. She focuses on REITs listed in the North American and European markets but occasionally covers REITs in the Asia-Pacific region.