Link REIT inducts first UK property
Link REIT has officially inducted The Cabot, which is located at 25 Cabot Square, into its portfolio.
Fortune REIT secures maiden sustainability-linked loan with DBS
Hong Kong-listed Fortune REIT has secured a five-year sustainability-linked term facility aggregating HKD1 billion (USD128 million) with DBS Bank. It…
Link REIT buys back another 2.2 million units from market
Asia’s largest REIT, Link REIT, is maintaining a steady course on its unit buy-back programme. Data from the stock exchange…
Link REIT accelerates buy-backs, propelling unit price to 1-month high
Link REIT appears to be accelerating its buy-back programme in September 2020, propelling its unit price to a 30-day high…
Champion REIT reports DPU 7.7% decline on weak retail performance
Champion REIT has reported a distribution per unit (DPU) of HKD0.1229 (1.6 USD cents) for its 1H 2020, down 7.7%…
Prosperity REIT reports HKD557.4 million loss in property valuation
Hong Kong’s Prosperity REIT has recorded an investment property revaluation loss of HKD557.4 million (USD71 million) for the six months…
Hong Kong REITs brace for losses as property valuations fall
Two more Hong Kong-listed REITs have issued profit warnings, as property values across the country plunge in tandem with rising…
New Century REIT looks set to discard interim distribution amid falling rents
Amid difficult operating conditions, Hong Kong-listed New Century REIT looks set to discard interim distributions for its 1H 2020. The…
Link REIT makes first foray into UK with GBP380 million acquisition
Link REIT has agreed to acquire its first property in the UK, and will be procuring The Cabot, at 25…
Fortune REIT focuses on tenant retention despite negative rent reversions
Amid challenging business conditions in Hong Kong, Fortune REIT is seeing negative rental reversions for the first time ever. However,…