FORTUNE REIT's distributable income last year remained flat, with a 3% reduction in the final distribution. This year's rental decline is expected to narrow

Stheadline
2026.03.10 12:08
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Fortune REIT (778) announced that the distributable income for last year was HKD 723 million, a year-on-year decrease of 0.07%; the final distribution per fund unit was 16.81 cents, a decrease of 3.2%. CEO Zhao Yu stated that the macro environment is stabilizing, operating conditions are improving, and it is expected that the decline in rental renewals will narrow this year. The overall occupancy rate has risen to 95.8%. Zhao Yu pointed out that the current property market is warming up, actively negotiating supermarket leases, and considering adjusting areas to enhance returns. Fortune REIT will have HKD 3.8 billion in debt maturing in June this year, with a healthy debt level, and plans to seize market opportunities to enhance shareholder returns

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