Tag: Yuexiu

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

Yuexiu Real Estate Investment Trust (“Yuexiu REIT” or the “REIT”; stock code: 00405) announced today its 2022 annual results for the year ended 31 December 2022. Mr. LIN Deliang, Chairman, Chief Executive Officer & Executive Director 2022 Annual Results Highlights:Overall operation remained stable, with 100% distribution rate for the 17th consecutive year:— Revenue for 2022 was RMB1,873 million, representing a 4.2% growth over last year.— Declared final distribution of approximately RMB0.0399 per unit, equals to approximately HK$0.0453. Distribution per Unit for the Reporting Year is approximately RMB0.1133, equal to approximately HK$0.1306. Distribution yield was approximately 6.63%. — For 17 years ... Read more

Yuexiu Real Estate Investment Trust (HKEX stock code: 00405) announced that the proposal to acquire Yuexiu Financial Tower from Yuexiu Property Company Limited (HKEX stock code: 00123) was approved by unitholders at the extraordinary general meeting held today, with a majority vote of 96.24%.Yuexiu Financial Tower, the acquisition of which was approved by unitholders at the extraordinary general meeting, is a scarce top-tier international Grade A office building in the core district of Guangzhou Zhu Jiang New Town CBD. The 309-metre tall building is among the 10 tallest skyscrapers in Guangzhou. It has a total gross floor area of 210,282.94 ... Read more

Yuexiu Real Estate Investment Trust (Yuexiu REIT, together with Yuexiu REIT Asset Management Limited, is referred to as the Fund, HKEX stock code: 405) is pleased to announce that, through its Special Purpose Vehicle, it has entered into the acquisition deed with a direct wholly-owned subsidiary of Yuexiu Property Company Limited (as Vendor) (Yuexiu Property, HKEX stock code: 123), and Yuexiu Property (as the Guarantor). Yuexiu REIT proposes to acquire, from the Vendor, Yuexiu Financial Tower, a top-tier international Grade A office building as such structures become increasingly scarce in the Core Business District of Guangzhou Zhu Jiang New Town ... Read more