Media Centre

2022-03-10
Prosperity REIT 2021 Annual Results

 

Prosperity REIT 2021 Annual Results

          • DPU decreased by 1.6% Y-o-Y to HK$0.1763, representing a distribution yield of 5.7%1.
          • Unit buyback enhanced DPU, benefitting Prosperity REIT and unitholders as a whole.
          • Occupancy rate remained robust at 97.7% amid tough market conditions.
          • NPI decreased by 1.6% Y-o-Y while cost-to-revenue ratio maintained at 20.9%.
          • Prudent interest rate risk management through healthy gearing ratio as well as adequate hedging level.
          • Continuous strides towards achieving our “Sustainability Vision 2030” demonstrated by multiple green initiatives.