Fortune REIT 2022 AR2
The report highlights Fortune REIT's operational performance and sustainability progress for the fiscal year 2022. Despite a challenging economic environment, the company achieved a high tenant retention rate of 78% and a stable portfolio occupancy of 93.9%. Notably, Fortune REIT completed its first overseas acquisition with the Stars of Kovan Property in Singapore. On the sustainability front, the company secured HK$1,777 million in sustainability-linked loans, increasing green financing to 45% of its loan portfolio, and maintained its GRESB 5-star rating.
Company: Fortune REIT
Sector: Real estate
Country: Hong Kong
Year: 2022
Type: AR2
Pages: 160
Fortune REIT
The report highlights Fortune REIT's operational performance and sustainability progress for the fiscal year 2022. Despite a challenging economic environment, the company achieved a high tenant retention rate of 78% and a stable portfolio occupancy of 93.9%. Notably, Fortune REIT completed its first overseas acquisition with the Stars of Kovan Property in Singapore. On the sustainability front, the company secured HK$1,777 million in sustainability-linked loans, increasing green financing to 45% of its loan portfolio, and maintained its GRESB 5-star rating.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management