Key Points
- DPU for the reporting quarter is 6.73 HK cents.
- Total revenue saw a 4.6 per cent increase to HK$218.8 million, attributed mainly to the improved performance of the property portfolio.
- Net property income rose 3.3 per cent to HK$161 million.
- The occupancy rate across Fortune Reit’s portfolio of 14 retail malls stood at 97.8 per cent as at March 31, 2011.
- The gearing ratio and aggregate leverage was 20.6% as at 31 March 2011.
- NAV per unit of HK$6.18 as at 31 March 2011.
There will be no distribution this quarter as the Reit adopts a semi-annual distribution policy.
The DPU was 6.32 HK cents in the previous quarter.
Related Posts
- Results Release
- DPU Information Page
- Fortune Reit Q3 2010 Quarterly Earnings Report
- Fortune Reit Q4 2010 Quarterly Earnings Report
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