A Hong Kong-listed REIT with a focus on non-discretionary
retail and a strong track record since 2003
Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. It comprises 3.0 million square feet of retail space and 2,793 car parking spaces in 17 retail assets, with 16 private housing estate retail properties in Hong Kong and 1 neighbourhood mall in Singapore.
The Manager’s
key objective is to deliver regular and stable returns to Fortune REIT’s Unitholders through proactive management of Fortune REIT’s portfolio of assets and acquiring properties that generate long term benefits to Unitholders.
Key Strategies
Delivers Stable Distributions
to Fortune REIT's Unitholders
The Manager’s key objectives are to deliver stable distributions to Fortune REIT’s Unitholders and to achieve long-term growth in the net asst value per Unit of Fortune REIT. The Manager intends to accomplish these objectives by ensuring that Fortune
REIT continues to own a portfolio quality shopping malls with balanced exposure to any particular sub-sector, building or tenant.
Organic Growth
To actively manage the properties in order to maintain or improve occupancy levels and net property income
Asset Enhancement Growth
To aim to increase yields and returns from the properties through a combination of addition and/or optimization of retail space in the properties
Acquisition Growth
To selectively acquire additional properties that meet the manager's investment criteria
Capital Management
To employ appropriate debt and equity financing policies
