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Fortune Real Estate Investment Trust
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. Fortune REIT currently holds a portfolio of 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighborhood mall in Singapore, comprising approximately 3 million sq. ft. of retail space and 2,793 car parking spaces. The retail properties are Fortune City One, +WOO, Ma On Shan Plaza, Metro Town, Fortune Metropolis, Laguna Plaza, Belvedere Square, Waldorf Avenue, Caribbean Square, Jubilee Square, Tsing Yi Square, Smartland, Stars of Kovan Property, Centre de Laguna, Hampton Loft, Lido Avenue and Rhine Avenue. They house tenants from diverse trade sectors such as supermarkets, food and beverage outlets, banks, real estate agencies, and education providers.
Market Cap
HKD 8.2B
Volume
2.0M
Cash and Equivalents
HKD 94.5M
EBITDA
N/A
Tax Rate Collected
N/A
Tax Rate Ratio
N/A
Gross Profit
HKD 1.2B
Profit Margin
66.13%
52 Week High
HKD 4.63
52 Week Low
HKD 3.33
Dividend
9.06%
Price / Book Value
0.29
Price / Earnings
-17.14
Price / Tangible Book Value
0.29
Enterprise Value
HKD 17.7B
Enterprise Value / EBITDA
N/A
Operating Income
HKD 1.1B
Return on Equity
1.66%
Return on Assets
1.79
Cash and Short Term Investments
HKD 118.2M
Debt
HKD 9.7B
Equity
HKD 27.7B
Revenue
HKD 1.7B
Unlevered FCF
HKD 720.5M
Sector
Retail REITs
Category
N/A
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