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Champion REIT Announces 2024 Annual Results
Home » News » Champion REIT Announces 2024 Annual Results

Champion REIT Announces 2024 Annual Results

Alejandro Wiers 20/02/2025 00:22

HONG KONG, Feb 19, 2025 – (ACN Newswire) – Champion Real Estate Investment Trust (stock code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for year ended 31 December 2024.Summary of financial results FY 2024FY 2023ChangeTotal Rental Income (HK$ million)2,1852,312- 5.5%Net Property Income (HK$ million)1,8201,946- 6.5%Distributable Income (HK$ million)9581,122- 14.6%Distribution per

ACN Newswire
HONG KONG, Feb 19, 2025 – (ACN Newswire) – Champion Real Estate Investment Trust (stock code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for year ended 31 December 2024.Summary of financial results FY 2024FY 2023ChangeTotal Rental Income (HK$ million)2,1852,312- 5.5%Net Property Income (HK$ million)1,8201,946- 6.5%Distributable Income (HK$ million)9581,122- 14.6%Distribution per unit (HK$)0.14220.1683- 15.5% 31 Dec 202431 Dec 2023ChangeGross Value of Portfolio (HK$ million)60,10462,950- 4.5%Net Asset Value per unit (HK$)7.167.72- 7.3%Gearing Ratio23.7% 22.8%+ 0.9 pp Ms…
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