2778.HK

Champion REIT Announces 2020 Annual Results

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

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.