2778.HK

Champion REIT Announces 2020 Annual Results

Champion REIT, Real estate investment trust
星期四, 二月 18, 2021 - 5:05am

HONG KONG, Feb 18, 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 year ended 31 December 2020.

Key Points: 
  • HONG KONG, Feb 18, 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 year ended 31 December 2020.
  • Against the backdrop of a global economic downturn, Champion REIT recorded a decline in distributable income by 5.7% to HK$1,554 million and distribution per unit ("DPU") dropped 6.1% to HK$0.2500.
  • Occupancy of the property was 86.8% as at 31 December 2020.
  • 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 is Honoured with Prestigious Accolades in Multiple Categories amidst Challenging 2020

Champion REIT, Real estate investment trust, Langham Place, Three Garden Road, Central, Hong Kong, Cities in China, Tourism in Hong Kong, Geography of China
星期二, 十二月 22, 2020 - 8:30am

HONG KONG, Dec 22, 2020 - (ACN Newswire) - Champion Real Estate Investment Trust ("Champion REIT") (Stock Code: 2778), owner of Three Garden Road and Langham Place, has garnered various prestigious accolades in multiple categories during the year, despite the turbulent business environment.

Key Points: 
  • HONG KONG, Dec 22, 2020 - (ACN Newswire) - Champion Real Estate Investment Trust ("Champion REIT") (Stock Code: 2778), owner of Three Garden Road and Langham Place, has garnered various prestigious accolades in multiple categories during the year, despite the turbulent business environment.
  • Among the recent honours bestowed on Champion REIT is The Asset Triple A Country Awards 2020 -The Best Corporate Bond (Hong Kong), which highlights its financial management excellence, and follows on the heels of the issue of 10-year USD300 million medium term notes during the first half of 2020.
  • The deal marked the return of Champion REIT to the US dollar bond market after more than seven years, and represents the first US dollar bond offering by a Hong Kong REIT since 2016.
  • They represent widespread recognition of our team's relentless efforts towards seizing opportunities from risks and maintaining business continuity.