Prosperity REIT 2020 Annual Results
- DPU decreased by 2.0% Y-o-Y to HK$0.1791, representing a distribution yield of 7.4%1.
- NPI decreased by 2.2% Y-o-Y while cost-to-revenue ratio maintained at 20.9%.
- Occupancy rate remained robust at 96.1% amid challenging market condition.
- Portfolio situated in strategic decentralized locations benefit from infrastructure underway.
- Gearing ratio remained at a healthy level of 22.3%.