Champion REIT Announces 2023 Annual Results
HONG KONG, Feb 21, 2024 - (ACN Newswire) - Champion Real Estate Investment Trust (stock code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for year ended 31 December 2023.
- HONG KONG, Feb 21, 2024 - (ACN Newswire) - Champion Real Estate Investment Trust (stock code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for year ended 31 December 2023.
- Despite challenging market environment, occupancy of Three Garden Road maintained at stable level of 82.8% as at 31 December 2023.
- Lifestyle tenants continued to be the major occupiers of the property, accounting for 74% of the area as at 31 December 2023.
- For the domestic retail market, the strong local currency may hinder the growth this year following a solid recovery in 2023.