Langham Place (Hong Kong)

Champion REIT Announces 2023 Annual Results

Retrieved on: 
Wednesday, February 21, 2024
Investment, Certification, Left, DPU, Platinum, Pressure, Three Garden Road, Central, Tourism, Growth, Tenant, Trust, Langham Place (Hong Kong), Environment, Property management

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.

Key Points: 
  • 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.

Champion REIT Announces 2021 Annual Results

Retrieved on: 
Monday, February 21, 2022
Benchmark, Income, Shoe Lane, Beauty, Growth, Champion REIT, COVID-19, Quarantine, Environment, Heart, DPU, Langham Place (Hong Kong), Trust, Acquisition, Constituent, Garden Road, Tenant, Relaxation, Property management, Real estate, Central London, Langham Place

HONG KONG, Feb 21, 2022 - (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 2021.

Key Points: 
  • HONG KONG, Feb 21, 2022 - (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 2021.
  • Amid the gloomy market conditions, Champion REIT recorded a drop in distributable income by 3.3% to HK$1,503 million and distribution per unit ("DPU") declined 8.7% to HK$0.2279.
  • Three Garden Road recorded a shrank of the rental income by 3.8% to HK$1,460 million in 2021 (2020: HK$1,518 million).
  • About Champion REIT (stock code: 2778)
    Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties.

Champion REIT Announces 2021 Interim Results

Retrieved on: 
Tuesday, August 10, 2021
Benchmark, HK, COVID-19, Trust, Constituent, Central, Champion, Acquisition, Langham Place (Hong Kong), DPU, Heart, Government, Partnership, Income, Shoe Lane, Relaxation, City, ESG, Goal, City of London, Quarantine, Property management, Renewable energy, Real estate

HONG KONG, Aug 10, 2021 - (ACN Newswire) - Champion Real Estate Investment Trust (Stock Code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for the six months ended 30 June 2021.

Key Points: 
  • HONG KONG, Aug 10, 2021 - (ACN Newswire) - Champion Real Estate Investment Trust (Stock Code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for the six months ended 30 June 2021.
  • The operating environment of the Trust continued to be impacted by the COVID-19 pandemic in the first half of 2021.
  • ft. (based on lettable area) as at 30 June 2021.
  • About Champion REIT (Stock Code: 2778)
    Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties.