Sunlight Real Estate Investment Trust
2.05
HKD
-0.03
(-1.45%)
ISIN
HK0435036626
Return %
Stock
S&P 500
1Y
-10.31
14.20
3Y
-11.09
81.12
5Y
-55.45
68.34
Capital Structure
HKD
•
in mil. unless spec.Working Capital
HKD
•
in mil. unless spec.Growth Rates
HKD
•
in mil. unless spec.Semi-annual Revenue
HKD
•
in mil. unless spec.Semi-annual Earnings Per Share
HKD
•
in mil. unless spec.Semi-annual Dividends Per Share
HKD
•
in mil. unless spec.Company Description
- CEO
- Shiu Kee Wu
- Full Time Employees
- 137
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- 30th Floor, Dah Sing Financial Centre Hong Kong Hong Kong
- IPO Date
- Dec 21, 2006
- Website
- sunlightreit.com
- Similar Companies
- Business
- Sunlight Real Estate Investment Trust (0435.HK) is a Hong Kong-listed real estate investment trust that owns and invests in a diversified portfolio of income-producing office and retail properties in Hong Kong. Listed on The Stock Exchange of Hong Kong since December 21, 2006 and constituted by a trust deed dated May 26, 2006, Sunlight REIT offers investors exposure to 11 office properties, including Grade A Dah Sing Financial Centre in Wan Chai, Strand 50 and other Grade B assets in Sheung Wan, Central, Mong Kok, North Point and Yau Ma Tei such as Righteous Centre, The Harvest, Winsome House Property, 135 Bonham Strand Trade Centre, 235 Wing Lok Street Trade Centre, Java Road 108 Commercial Centre, On Loong Commercial Building, Sun Fai Commercial Centre Property and Wai Ching Commercial Building Property; and six retail properties, comprising Sheung Shui Centre Shopping Arcade and Metro City Phase I Property in new towns, Kwong Wah Plaza Property in Yuen Long, and West 9 Zone Kids in Tai Kok Tsui, Supernova Stand Property in North Point and Beverley Commercial Centre Property in Tsim Sha Tsui, with a total gross rentable area of approximately 1.3 million sq. ft. and an aggregate appraised value of HK$17,630.5 million as at June 30, 2025. The properties are strategically located in core and decentralized business districts for offices, and regional transportation hubs, new towns and high-density urban areas for retail, targeting financial services, trade, food and beverage, fashion, healthcare, education and lifestyle tenants. Managed externally by Henderson Sunlight Asset Management Limited, an indirect wholly-owned subsidiary of Henderson Land Development Company Limited and headquartered at 30th Floor, Dah Sing Financial Centre, 248 Queen's Road East, Wan Chai, Hong Kong, the REIT maintains a gearing ratio of 27.4% and focuses on delivering regular stable cash distributions to unitholders. Recent developments include the renewal of key agreements on April 30, 2024, with the Henderson Land Development-related group for a term extending to December 31, 2026, covering master leasing, joint carparking, property management and master services arrangements; refinancing initiatives such as a new four-year HK$500 million unsecured term loan in the first half of 2025 and two additional term loan facilities totaling HK$700 million entered in August 2025 to refinance maturing debt; execution of interest rate swaps with HK$650 million notional to fix 55.3% of borrowings at 30 June 2025; and ongoing asset enhancements like smart control systems at Grade B offices, the H- COINS membership programme, lift replacements at Dah Sing Financial Centre, ground floor refurbishments at Metro City Phase I and renovation of West 9 Zone Kids targeting completion by end-2025.