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…
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,…
Fortune REIT warns of loss, braces for HKD2.5 billion hit in portfolio value
Fortune REIT has warned investors that it expects to record a net loss for the first six months of 2020,…
Retail investors buy up Ascendas REIT, CCT as institutionals sell
EC World REIT, CapitaLand Commercial Trust (CCT), and Ascendas REIT have emerged as the three most favoured REITs of retail…
SGX loses another REIT as Hong Kong landlord call it quits
Barely two years after losing Saizen REIT and Croesus Retail Trust, the Singapore Exchange (SGX) is about to witness another…
Fortune REIT completes divestment of Provident Square
Fortune REIT announced on 28 February that it has completed the disposal of Provident Square on the same day. The…
Fortune REIT disposes Provident Square for HKD2 billion
Fortune REIT has entered into an agreement with an unnamed entity with regards to the disposal of its property known…
Fortune REIT seeks approval to buy back units at AGM
Fortune REIT is seeking shareholders mandate to buy-back an unspecified number of units listed on the Stock Exchange of Hong…
CapitaLand Retail China, Fortune REITs fall by 3% on China worries
Units of Singapore-listed REITs with significant property holdings in China fell by as much as 3.6% at the close of…
Fortune REIT completes disposal of Nob Hill Square
Singapore-listed Hong Kong-focused real estate investment trust, Fortune REIT (SGX:F25U), announced on 3 April that it has completed the divestment…