Fortune Plaza

Yuexiu REIT's Revenue Up by 11.4% for 2023

Retrieved on: 
Thursday, March 7, 2024
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HONG KONG, Mar 7, 2024 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT", together with Yuexiu REIT Asset Management Limited, collectively known as the ?REIT?

Key Points: 
  • HONG KONG, Mar 7, 2024 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT", together with Yuexiu REIT Asset Management Limited, collectively known as the ?REIT?
  • -- Operating revenue of the GZIFC complex was RMB1,031 million, accounting for 49.4% of the REIT's total revenue.
  • -- Yuexiu Financial Tower posted an operating revenue of approximately RMB399 million, representing 19.1% of the REIT's total revenue.
  • GZIFC and Yuexiu Financial Tower completed the renewal of Platinum Certification, and Wuhan Yuexiu Fortune Centre obtained the Net Zero Carbon Building Excellence Certification.

Yuexiu REIT Demonstrates Asset Resilience, High-Quality Assets Enhance Defensiveness, Strong Fundamentals Foster Long-Term Value

Retrieved on: 
Tuesday, August 15, 2023
Well, The Spring Festival, Season, Interim, IR, Town square, AVIVA, Face, Marketing, REIT, Four Seasons Hotels and Resorts, Michelin Guide, Muji, Hotel, Tenant, China Railway Group Limited, Government, Spring Festival, Bank of Taiwan, Fortune Plaza, Real estate investing, Société Générale, Mall, Restaurant, Hall, Victory Plaza, CFO, Growth, White horse, Bank, Meditech, RMB, Mango TV, Real estate, Management, Retail, Lease, Property management, Commercial property, Cambodia Airways, Overalls, Uniqlo, CBD, New China Life Insurance

HONG KONG, Aug 15, 2023 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT", together with Yuexiu REIT Asset Management Limited, collectively known as the "REIT"; stock code: 405) announced its interim results for the six months ended 30 June 2023.

Key Points: 
  • HONG KONG, Aug 15, 2023 - (ACN Newswire) - Yuexiu Real Estate Investment Trust ("Yuexiu REIT", together with Yuexiu REIT Asset Management Limited, collectively known as the "REIT"; stock code: 405) announced its interim results for the six months ended 30 June 2023.
  • - Interim operating revenue of the GZIFC complex was RMB503.8 million, accounting for 47.4% of the REIT's total revenue.
  • Four Seasons Hotel and Ascott Serviced Apartments saw year-on-year increases in their average occupancy rates and average room rates.
  • - Yuexiu Financial Tower posted an operating revenue of approximately RMB200.2 million, representing 18.9% of the REIT's total revenue.

Revenue of Yuexiu REIT in 2022 Up 4.2%

Retrieved on: 
Thursday, March 9, 2023
Benchmark, DPU, RevPAR, Tenant, White House, Four Seasons Hotels and Resorts, Luckin Coffee, ESG, BOMA, Forbes Travel Guide, CHINA, Face, Eye, Shop, RMB, Platinum, Fortune Center, Carbon, COSCO, Certification, Growth, Marketing, Guangzhou International Finance Center, Risk, Season, LEED, Hotel, Pizza Hut, REIT, Victory Plaza, MSCI, GOP, Yuexiu Fortune Center Tower 1, Accreditation, Environment, Trust, Real estate investing, Fortune Plaza, Overalls, Real estate, Property management, Cryptocurrency, Commercial property, Lease, Renewable energy, Unit

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.

Yuexiu REIT Proposes to Acquire Yuexiu Financial Tower

Retrieved on: 
Tuesday, October 26, 2021
People, Tianhe, Coree (district), Republic, GBA, Fortune Global 500, Information technology, Guangzhou International Finance Center, Yuexiu Property, Acquisition, Stock exchange, China International Capital Corporation, City, Name, Fortune, Transport, People mover, Help Us Green, Guangdong-Hong Kong-Macau Greater Bay Area, Income, Fortune Plaza, REIT, Education, Science, Hong Kong Stock Exchange, Angelo Gordon, Risk, Platinum, Management, Hedge fund, CEO, Growth, PHASE 2, GDP, Heart, Technology, Green building council, Special-purpose entity, No, HKEX, National, Asia, Metro, Ownership, Real estate, Rail transport

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.