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Prosperity REIT 2017 Annual Results

Prosperity REIT 2017 Annual Results

  • Capital recycling from the sales proceeds of the disposal of Harbourfront Landmark Property (“HFL”) to paydown portion of the term loan and restructure the loan profile. 
  • Positive rental reversion with stable occupancy rate across the portfolio to continue. Cost-to-revenue ratio remained at a relatively low level of 20.8%. 
  • The resumption of the industrial buildings revitalization scheme opens up opportunities to explore potentials of our properties, taking reference of the success from Prosperity Place.