Fortune REIT 2024 AR2
The report outlines Fortune REIT's financial and operational performance for the fiscal year ended December 31, 2024. Despite economic headwinds, the company maintained a stable portfolio occupancy of 95.0% and a high tenant retention rate of 79%. A major milestone was the completion of the HK$300 million asset enhancement initiatives at +WOO Phase 2 in July 2024. On the sustainability front, Fortune REIT achieved a 39.7% reduction in Scope 1 and 2 greenhouse gas emissions against its 2019 baseline, progressing toward its 2030 target of 46%.
Company: Fortune REIT
Sector: Real Estate
Country: Hong Kong
Year: 2024
Type: AR2
Pages: 153
Fortune REIT
Annual Report
The report outlines Fortune REIT's financial and operational performance for the fiscal year ended December 31, 2024. Despite economic headwinds, the company maintained a stable portfolio occupancy of 95.0% and a high tenant retention rate of 79%. A major milestone was the completion of the HK$300 million asset enhancement initiatives at +WOO Phase 2 in July 2024. On the sustainability front, Fortune REIT achieved a 39.7% reduction in Scope 1 and 2 greenhouse gas emissions against its 2019 baseline, progressing toward its 2030 target of 46%.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities