Regal Real Estate Investment Trust (RREIF) is a Hong Kong-based real estate investment trust authorized under section 104 of the Securities and Futures Ordinance that owns and invests in income-producing hotel properties, serviced apartments, and commercial properties including office and retail premises. The REIT, established on December 11, 2006 and listed on The Stock Exchange of Hong Kong on March 30, 2007, maintains its headquarters at Unit No. 2001, 20th Floor, 68 Yee Wo Street, Causeway Bay, Hong Kong, with operations focused primarily in the Hong Kong market. Its portfolio comprises nine premium quality hotels with over 4,900 rooms, including full-service Regal-branded properties such as the Initial Hotels (Regal Airport Hotel, Regal Hotels International and Regal Oriental Hotel), alongside select-service iclub-branded hotels like iclub Sheung Wan Hotel, iclub Fortress Hill Hotel, iclub To Kwa Wan Hotel and iclub Wan Chai Hotel, which form part of a mixed-use property segment; revenue is predominantly generated from the hotel properties segment targeting business and leisure travelers with a diversified guest mix. The REIT pursues long-term objectives of delivering stable, growing distributions to unitholders and net asset value growth through active ownership and strategic investments, supported by robust industry fundamentals, alignment with the Regal Group and high-quality assets with strong growth potential. In recent developments, Regal REIT reported a consolidated loss before distribution to unitholders of HK$508.1 million for the interim period ended June 30, 2025 amid challenges in hotel operations; while no material acquisitions or capital investments were announced immediately, the associated Regal Group's joint venture P&R Holdings Limited continues major luxury residential developments such as The Mount Regalia in Kau To, Sha Tin, and ongoing aircraft ownership activities complement the REIT's hospitality focus.