SF Real Estate Investment Trust Reports 3.4% Increase in Revenue to HK$229.9 Million for 1H 2025; Net Property Income Rises 6.0%

Reuters
2025.09.04 09:32
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SF Real Estate Investment Trust (SF REIT) reported a 3.4% increase in revenue to HK$229.9 million for the first half of 2025, with net property income rising 6.0% to HK$192.0 million. The Tsing Yi Property contributed significantly, with revenue up 4.0% to HK$168.7 million. However, SF REIT faced a loss of HK$525.9 million due to fair value losses on investment properties, contrasting with a profit of HK$12.2 million in the same period last year. Total distributable income slightly increased by 0.2% to HK$119.5 million. The REIT is also focusing on integrating ESG principles into its strategy.

SF Real Estate Investment Trust (SF REIT) has reported its financial results for the six months ended June 30, 2025. The REIT recorded a revenue of HK$229.9 million, marking a 3.4% increase from HK$222.3 million in the same period in 2024. The net property income rose by 6.0% to HK$192.0 million, up from HK$181.1 million in the previous year. The Tsing Yi Property in Hong Kong contributed significantly to this growth, with revenue rising by 4.0% to HK$168.7 million and net property income increasing by 7.2% to HK$144.0 million. Despite these positive results, SF REIT reported a loss for the current reporting period, attributed mainly to a fair value loss on investment properties amounting to HK$525.9 million, a significant increase from the HK$102.7 million loss recorded in the first half of 2024. This non-cash loss impacts the profit after taxation, which contrasts with the profit of HK$12.2 million reported in the same period last year. The total distributable income for the period saw a slight increase of 0.2% to HK$119.5 million, compared to HK$119.3 million in the first half of 2024. SF REIT continues to integrate Environmental, Social, and Governance (ESG) principles into its business strategy, focusing on green operations, partner engagement, employee empowerment, business integrity, and future prospects, as highlighted in its 2024 ESG report. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SF Real Estate Investment Trust published the original content used to generate this news brief on September 04, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here