Sunlight REIT acquires Kowloon shopping arcade at 12% discount
Data from Sunlight REIT’s latest disclosure is incorporated into the Hong Kong REITs table. Sunlight REIT is acquiring a shopping…
Sunlight REIT reels from impact of rising rates and pandemic restrictions
Sunlight REIT appears to be reeling from the twin impact of rising interest rates, and the Hong Kong government’s obstinate…
Sunlight REIT sees reduction in distributable income on higher interest expense
Sunlight REIT's recorded net property income of HKD641.9 million for the financial year that ended in June 2022. This represents…
Sunlight REIT increases proportion of debt tied to sustainability-linked goals
Sunlight REIT secured its second tranche of HKD800 million sustainability-linked loan with the Bank of China (Hong Kong).
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…
Sunlight REIT reports 3% rise in distribution despite trade war turmoils
Sunlight REIT saw generally better rental reversions at its properties for its FY2018/19 financial year, despite lower portfolio occupancies across…
Sunlight REIT sees 3.6% increase in property income on retail, office upswing
Retail and office landlord Sunlight REIT has reported a total distribution per unit (DPU) of 26.5 Hong Kong cents for…