HK Stock Market Move | SF REIT (02191) surged over 14% in morning trading; S.F. Holding plans to acquire logistics assets under SF REIT for HK$2.611 billion

SF REIT (02191) rose over 14% in morning trading. As of press time, it was up 13.25% at HK$3.035, with turnover of HK$14.7916 million. On the news front, S.F. Holding announced that it will, through an overseas wholly-owned subsidiary, acquire all equity interests in the disposal entities holding four logistics properties owned by SF REIT and the intercompany receivables, for a total consideration of approximately HK$2.611 billion. Upon completion of the transaction, SF REIT will be terminated and liquidated, and its fund units will be delisted from the Hong Kong Stock Exchange. Public information shows that the target assets cover four modern logistics properties in Tsing Yi, Hong Kong; Foshan; Wuhu; and Changsha, with a total gross floor area of approximately 355,000 square meters and a combined valuation of HK$6.2065 billion as of June 30, 2026. Upon completion of the transaction, S.F. Holding will regain full control of the four logistics properties in Hong Kong, Foshan, Wuhu, and Changsha.