Fortune Reit H1 DPU dips 0.8% to 26.13 HK cents
Annabeth Leow
Singapore
THE recent protests rocking Hong Kong are being watched for their impact on Fortune Real Estate Investment Trust malls, the Reit's Li Ka Shing-backed manager said.
The manager also addressed concerns over economic hits to the Chinese territory's shopping scene, saying that its malls "are private housing estate retail properties catering mainly for non-discretionary spending, and tend to be relatively resilient".
TRENDING NOW
What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future
‘I felt like dying’: Thai Singha beer scion speaks up after disclosure of alleged sexual abuse
DBS sees 46% upside for Jardine Matheson; analysts expect it to surpass ‘conservative’ targets
‘Worst foreign policy blunder in decades’: US Republicans blast Trump’s Iran agreement as details emerge