Profile
Company facts
- Exchange
- HK
- Currency
- HKD
- Sector
- Real Estate
- Industry
- REIT - Diversified
- ISIN
- HK0435036626
- Market cap
- 4B
- P/E ratio
- Not available
- Analyst target
- 2.66
- Dividend yield
- 8.7%
- Beta
- 0.72
About
About Sunlight Real Estate Investment Trust
Sunlight Real Estate Investment Trust (Sunlight REIT) is a real estate investment trust authorized by the Securities and Futures Commission and constituted by the trust deed. It offers investors the opportunity to invest in a diversified portfolio of 11 office and six retail properties in Hong Kong with a total gross rentable area (GRA) of approximately 1.3 million sq. ft. and an aggregate appraised value of HK dollars 17,118.1 million at 30 June 2026. The office properties are in both core and decentralized business areas, while the retail properties are situated in regional transportation hubs, new towns and urban areas with high population density. Sunlight REIT is managed by Henderson Sunlight Asset Management Limited (the Manager), which is an indirect wholly owned subsidiary of Henderson Land Development Company Limited (HLD). The Manager's main responsibility is to manage Sunlight REIT and all its assets in accordance with the Trust Deed in the sole interest of its unitholders. Sunlight Real Estate Investment Trust was incorporated in 2006 in Hong Kong.
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5 years, 6 months ago
Sunlight Real Estate Investment Trust is currently in a long term uptrend where the price is trading 16.9% above its 200 day moving average.
From a valuation standpoint, the stock is 45.1% more expensive than other stocks from the Real Estate sector with a price to sales ratio of 8.5.
Sunlight Real Estate Investment Trust's total revenue sank by 8.6% to $400M since the same quarter in the previous year.
Its net income has dropped by 731.4% to $-194M since the same quarter in the previous year.
Finally, its free cash flow fell by 40.4% to $96M since the same quarter in the previous year.
Based on the above factors, Sunlight Real Estate Investment Trust gets an overall score of 1/5.