The occupancy rate of SUNLIGHT REIT's property portfolio in the third quarter was 89.2%.

date
17:24 15/10/2025
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GMT Eight
Sunlight Real Estate Fund (00435) announced that as of the quarter ended September 30, 2025, the Sunlight Real Estate Fund...
SUNLIGHT REIT (00435) announced that as of September 30, 2025, the occupancy rate of the Sunlight Real Estate Investment Trust's property portfolio was 89.2%, the same as the previous quarter, with office and retail property occupancy rates maintained at 89.7% and 88.2% respectively. The current rent for the overall property portfolio is HK$43.0 per square foot, with a negative growth of 9.0% in renewal rent in the review quarter. DAH SING Centre had an occupancy rate of 90.6% on September 30, 2025, with a current rent of HK$36.1 per square foot. The occupancy rate at Strand 50 in Sheung Wan improved to 85.5%, while the occupancy rate at Cloud Hill Tower property decreased to 80.2% mainly due to transitional vacancies caused by some office tenants relocating. In Kowloon, Rainbow Centre's occupancy rate rebounded to 96.4%, reflecting its popularity as a beauty-focused service hub. As for retail properties, the occupancy rate at the shopping mall in Sheung Shui Centre was 87.8% as of September 30, 2025, with a current rent of HK$104.1 per square foot. The occupancy rate at Phase One of New Town Plaza remained unchanged at 87.1%, with a current rent of HK$53.2 per square foot.