Guangzhou International Finance Center

Revenue of Yuexiu REIT in 2022 Up 4.2%

Retrieved on:

Thursday, March 9, 2023

HONG KONG, Mar 10, 2023 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT" or the "REIT"; stock code: 00405) announced today its 2022 annual results for the year ended 31 December 2022.

Key Points:

HONG KONG, Mar 10, 2023 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT" or the "REIT"; stock code: 00405) announced today its 2022 annual results for the year ended 31 December 2022.
Average occupancy rate and room rate of The Ascott Serviced Apartments increased steadily:
-- Operating revenue of GZIFC was RMB880.2million, accounting for 47.0% of the total revenue of the REIT.
Its revenue for 2022 full year amounted to RMB1,872.86 million, representing a 4.2% increase when compared with the same period last year.
Mr. Lin Deliang, Chairman, Chief Executive Officer and Executive Director of Yuexiu REIT, said, "In 2022, Yuexiu REIT adopted a prudent approach in operation and realized steady increase in revenue.

World Intelligent Vehicle Conference is about to Open, Offering New Blueprint for the Intelligent Development of the Industry

Retrieved on:

Thursday, December 9, 2021

Outfield activities of this conference include project matchmaking business meeting, industrial development closed-door meeting, research report of intelligent vehicle industry 2021, intelligent vehicle display and technical products release, intelligent travel experience and exploration week, matchmaking of intelligent vehicle talents, intelligent vehicle industry awards ceremony 2021, etc.

Key Points:

Outfield activities of this conference include project matchmaking business meeting, industrial development closed-door meeting, research report of intelligent vehicle industry 2021, intelligent vehicle display and technical products release, intelligent travel experience and exploration week, matchmaking of intelligent vehicle talents, intelligent vehicle industry awards ceremony 2021, etc.
Guangzhou serves as the permanent venue of the World Intelligent Vehicle Conference thanks to the strength of Guangzhou's vehicle industry.
Bringing together the cutting-edge achievements of intelligent vehicle technology and rich application scenarios of intelligent vehicles, it aims to form an ecosystem for the healthy development of the intelligent vehicle industry.
The World Intelligent Vehicle Conference 2021 will share wisdom with the global intelligent vehicle industry!

Yuexiu REIT Proposes to Acquire Yuexiu Financial Tower

Retrieved on:

Tuesday, October 26, 2021

Yuexiu REIT proposes to acquire, from the Vendor, Yuexiu Financial Tower, a top-tier international Grade A office building as such structures become increasingly scarce in the Core Business District of Guangzhou Zhu Jiang New Town ("ZJNT").

Key Points:

Yuexiu REIT proposes to acquire, from the Vendor, Yuexiu Financial Tower, a top-tier international Grade A office building as such structures become increasingly scarce in the Core Business District of Guangzhou Zhu Jiang New Town ("ZJNT").
Based on the superior conditions of Yuexiu Financial Tower, there appears to be further room for rent to rise.
Yuexiu Financial Tower and Yuexiu REIT's Guangzhou International Finance Center ("GZIFC") are in close proximity to each other, which enables Yuexiu REIT Asset Management Limited, the Manager to leverage its experience and existing resources to realize synergies.
Yuexiu Real Estate Investment Trust ("Yuexiu REIT", HKEX stock code: 00405) was listed on the Stock Exchange of Hong Kong Limited on 21 December 2005.