• Follow Us On : 

Sunlight Real Estate Investment Trust Operational Statistics for the Quarter Ended 30 September 2019


Redaksi | Kamis,17 Oktober 2019 - 14:36:21 WIB
Dibaca: 902 kali 
Sunlight Real Estate Investment Trust Operational Statistics for the Quarter Ended 30 September 2019

CHINA - 17 October 2019 - Henderson Sunlight Asset Management Limited (the " Manager"), as manager of Sunlight Real Estate Investment Trust (" Sunlight REIT "), announces the operational statistics of Sunlight REIT for the first quarter of the financial year 2019/20.

At 30 September 2019, the average occupancy rate of the overall portfolio of Sunlight REIT was 95.9% (30 June 2019: 95.3%). Office occupancy rate improved to 95.9% (30 June 2019: 94.0%), mainly attributable to the partial handover of the new co-working space at Strand 50. On the other hand, retail occupancy rate declined to 95.9% as compared with 98.1% at 30 June 2019, principally reflecting a trade mix reshuffling exercise at Metro City Phase I Property (" MCPI").

Passing rent of the overall portfolio was HK$49.1 per sq. ft. at 30 September 2019, representing a quarterly increase of 1.0%. Rental reversions for the office and retail portfolios, calculated on the basis of change in effective rent of the leases that have been renewed and commenced during the quarter, were 13.3% and 9.1% respectively.

On the office front, Sunlight Tower was fully let as passing rent improved 0.3% quarter on quarter. The Sheung Wan/Central office portfolio performed well with an average passing rent increase of 3.8%.

Regarding the retail portfolio, Sheung Shui Centre Shopping Arcade recorded an occupancy rate of 97.7% with passing rent unchanged at HK$118.4 per sq. ft.. Meanwhile, both MCPI and Kwong Wah Plaza Property recorded reasonable passing rent improvement during the quarter under review.

Remarks: Attached operational statistics of Sunlight REIT for the first quarter of the financial year 2019/20.

Operational statistics for the first quarter of the financial year 2019/20

Property

Location

Occupancy Rate (%) 1

Passing Rent (HK$/sq. ft.) 2

 

 

at 30 Sep 19

at 30 Jun 19

at 30 Sep 19

at 30 Jun 19

Office

 

 

 

 

 

Sunlight Tower

Wan Chai

100.0

98.2

39.7

39.6

Strand 503

Sheung Wan

78.8

68.44

34.0

31.8

The Harvest

Mong Kok

91.3

96.4

52.5

51.2

135 Bonham Strand Trade Centre Property

Sheung Wan

98.0

100.0

30.0

29.4

Winsome House Property

Central

100.0

100.0

45.5

43.8

Righteous Centre

Mong Kok

100.0

100.0

36.6

36.3

235 Wing Lok Street Trade Centre

Sheung Wan

94.9

93.8

22.6

22.6

Java Road 108 Commercial Centre

North Point

96.1

96.1

26.6

26.4

On Loong Commercial Building

Wan Chai

100.0

100.0

32.1

31.6

Sun Fai Commercial Centre Property

Mong Kok

96.5

100.0

23.4

22.7

Wai Ching Commercial Building Property

Yau Ma Tei

100.0

97.2

16.9

16.1

Average

 

95.9

94.0

36.0

35.5

 

 

 

 

 

 

Retail

 

 

 

 

 

Sheung Shui Centre Shopping Arcade

Sheung Shui

97.7

98.1

118.4

118.4

Metro City Phase I Property

Tseung Kwan O

94.1

98.9

59.7

57.5

Kwong Wah Plaza Property

Yuen Long

100.0

100.0

54.8

54.3

Beverley Commercial Centre Property

Tsim Sha Tsui

75.4

62.9

45.0

45.6

Supernova Stand Property

North Point

100.0

100.0

54.5

54.5

Average

 

95.9

98.1

77.3

75.8

Average

 

95.9

95.3

49.1

48.6

Notes:
1. Calculated on the basis of occupied gross rentable area (" GRA") as a proportion of total GRA on the relevant date.
2. Calculated on the basis of average rent per sq. ft. for occupied GRA on the relevant date.
3. The property was previously known as Bonham Trade Centre.
4. Excluding the renovated area, the occupancy rate would have been 95.4%.


Akses Wahanariau.com Via Mobile m.Wahanariau.com
Untuk Berbagi Berita / Informasi / Peristiwa
Silahkan SMS ke nomor HP : 085271472010
atau email ke alamat : [email protected]
Harap camtumkan detail data diri Anda
Pengutipan Berita dan Foto, Cantumkan Wahanariau.com Sebagai Sumber Tanpa Penyingkatan
TULIS KOMENTAR
BERITA TERKAIT
Selasa,02 Februari 2021

Sunlight Real Estate Investment Trust Secures its Sustainability-linked Loan of HK$500 Million from DBS Hong Kong

HONG KONG SAR - 2 February 2021 - Henderson Sunlight Asset Management Limited (the "Manager&quo

Selasa,11 Februari 2020

Sunlight Reit Interim Results for the Six Months Ended 31 December 2019

CHINA - Media OutReach - 11 February 2020 - Henderson Sunlight Asset Management Limited (t

Senin,08 Maret 2021

Sunlight REIT and Dah Sing Bank Jointly Announce the Naming of Dah Sing Financial Centre

Unveiling of eco-friendly financial service-driven hub in the Wan Chai vicinity HONG KONG SAR - 8 M

Selasa,08 September 2020

Sunlight REIT Annual Results for the Year Ended 30 June 2020

CHINA - Media OutReach - 8 September 2020 - Henderson Sunlight Asset Management Limit

Kamis,14 Februari 2019

Sunlight REIT Interim Results for the Six Months Ended 31 December 2018

CHINA - Media OutReach - 14 February 2019 - Henderson Sunlight Asset Management Limited (t

Kamis,11 Oktober 2018

Sunlight Real Estate Investment Trust ('Sunlight REIT') Operational Statistics for the Quarter Ended 30 September 2018

CHINA - Media OutReach - 11 October 2018 - Henderson Sunlight Asset Managem

BERITA LAINNYA
Jumat,07 Mei 2021

Influencing Future of Cloud Security with MITRE ATT&CK® for Containers

Trend Micro contributes to new framework, helping businesses build and deploy secure container envir

Kamis,06 Mei 2021

CUHK Business School Research Finds FinTech Innovations Can Enhance the Stability and Profitability of Financial Institutions in Emerging Markets

HONG KONG SAR - 6 May 2021 - The rapid development of financial technology, also known as

Kamis,06 Mei 2021

Alibaba Printing Continues To Dominate The Printing Industry With Sticker Printing Service

SINGAPORE - 6 May 2021 - Alibaba Printing is an established marketing company in Singapore that offe

BERGABUNG DI SINI
KABAR POPULER
IKUTI BERITA KAMI