Tag: REIT’s

Yuexiu Real Estate Investment Trust (“Yuexiu REIT”, together with Yuexiu REIT Asset Management Limited, collectively known as the “REIT”; stock code: 405) announced its annual results for the year ended 31 December 2023. 2023 Annual Results Highlights: — Overall operation grew steadily, with total revenue of RMB2,087 million, representing an 11.4% year-on-year increase. — Final distribution per Unit will be approximately RMB0.0303, equivalent to HK$0.0334. Distribution per Unit for the full year will be approximately RMB0.0844, equivalent to HK$0.0924. Distribution yield is 7.33% per Unit for the year. — For 18 years since 2005, the REIT has distributed 100% of ... Read more