Fubon No.2 Real Estate Investment Trust
TTWSE:01004T10.00
TWD
0.00
(0.00%)
ISIN
TW00001004T2
Return %
Stock
S&P 500
1Y
-11.11
14.20
3Y
-25.82
81.12
5Y
-36.35
68.34
Capital Structure
TWD
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
TWD
•
in mil. unless spec.Semi-annual Earnings Per Share
TWD
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in mil. unless spec.Semi-annual Dividends Per Share
TWD
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Taipei Taiwan
- IPO Date
- Apr 13, 2006
- Similar Companies
- Business
- Fubon No. 2 Real Estate Investment Trust is a closed-end equity real estate investment trust that specializes in the acquisition, management, leasing, and development of commercial office, industrial, and mixed-use real estate properties. Founded in 2006 and headquartered in Taipei, Taiwan, the fund operates under the trusteeship of Land Bank of Taiwan and is managed by Fubon Real Estate Management Co., Ltd., a member of the Fubon Group. The trust focuses on generating stable income through long-term leases, high tenant retention, and strategic asset allocation across prime metropolitan markets in Taiwan and selected international real estate securities. The trust provides real estate leasing and investment products structured across diversified property and asset management categories: commercial office leasing, consisting of multi-floor corporate office suites and business facilities at the Fubon Minsheng Building situated in the financial corridor of Songshan District, Taipei; industrial and technology office leasing, encompassing research, development, and administrative workspace solutions at the Fubon Neihu Building located in the Neihu Technology Park; mixed-use commercial space leasing, comprising office and retail premises at the Ruentex Zhonglun Building in Zhongshan District, Taipei; property management and ancillary services, including building operations, facility maintenance, tenant support, and underground parking management; and global real estate securities investments, consisting of portfolio allocations into domestic trusts as well as Singapore-listed real estate investment trusts such as CapitaLand Integrated Commercial Trust, Ascendas REIT, Suntec REIT, and Mapletree trusts to enhance portfolio yield and geographical diversification. In recent operational developments, Fubon No. 2 Real Estate Investment Trust has advanced strategic asset enhancement initiatives by evaluating urban renewal and reconstruction pathways under metropolitan unsafe and old building rehabilitation frameworks, with a primary focus on redeveloping and modernizing the Fubon Minsheng Building to unlock latent property value and expand long-term rental capacity. Concurrently, the trust has maintained solid occupancy rates and disciplined debt management across its core office and technology assets, supporting reaffirmed national-scale credit ratings of twA+/twA-1 with a stable outlook from Taiwan Ratings. Additionally, the trust continues to actively optimize its cross-border liquid asset allocations within Singaporean commercial and logistics REITs, bolstering overall portfolio liquidity and mitigating domestic commercial market concentration.