About Prosperity REIT
Prosperity Real Estate Investment Trust (“Prosperity REIT”) is the first private sector real estate investment trust listed on the Main Board of the Stock Exchange of Hong Kong Limited. (Hong Kong Stock Exchange stock code: 808)
Prosperity REIT is a Hong Kong collective investment scheme authorized under section 104 of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong).
Prosperity REIT owns a diverse portfolio of seven properties in the decentralized business districts of Hong Kong, comprising all, or a portion of:
Three Grade A office buildings
- The Metropolis Tower
- Prosperity Millennia Plaza
- 9 Chong Yip Street
One commercial building
- Prosperity Place
Two industrial/office buildings
- Trendy Centre
- Prosperity Center (portion)
One industrial building
- New Treasure Centre (portion)
The total gross rentable area is 1,275,153 sq. ft., with a total of 498 car park spaces.
Prosperity REIT is managed by ARA Asset Management (Prosperity) Limited (“The REIT Manager”), a highly experienced and visionary management team. The REIT Manager focuses on optimizing returns from the existing asset base of Prosperity REIT through proactive asset management and multi-dimensional growth strategies. In addition, the REIT Manager actively seeks to acquire properties that are yield accretive for the benefits of unitholders. The REIT Manager leverages on its professionalism and unrivalled expertise to drive growth of Prosperity REIT and bring stable and sustainable return to unitholders. In an increasingly competitive REIT market, the REIT Manager is committed to keeping a step ahead of the game.