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Also trades as: 0778.HK (HKSE) · $vol 2M

FRIVF OTC

Fortune Real Estate Investment Trust
1W: +0.0% 1M: -20.6% 3M: -20.6% YTD: -11.3% 1Y: -16.2% 3Y: +8.6% 5Y: -34.7%
$0.53
+0.00 (+0.00%)
 
OTC · Real Estate · REIT - Retail · Tech Score Strong Sell · Power 36 · $1.1B mcap · 1.45B float · 0.0000% daily turnover · Short 80% of daily vol
Smart Money Score
No convergence signal
Key Statistics
Market Cap$1.1B
52W Range0.5265-0.6902
Volume103
Avg Volume242
Beta0.47
Dividend$0.04
Analyst Ratings
1 Buy 0 Hold 0 Sell
Consensus Buy
Company Info
CEOYu Chiu
SectorReal Estate
IndustryREIT - Retail
IPO Date2014-05-29
Unit 901, Level 9
Hong Kong 038985
HK
65 6835 9232
About Fortune Real Estate Investment Trust

Fortune REIT, established in 2003, functions as a Real Estate Investment Trust, operating under a trust deed that is periodically updated. It notably holds the distinction of being Hong Kong's pioneering REIT to acquire local assets, with its shares publicly traded on the Main Board of The Stock Exchange of Hong Kong Limited. Currently, the Trust manages a substantial portfolio of 16 retail complexes, all situated within private residential estates across Hong Kong. These properties collectively offer approximately 3 million square feet of retail area and include 2,713 parking spaces. The portfolio encompasses specific locations such as Fortune City One, +WOO, Ma On Shan Plaza, Metro Town, Fortune Metropolis, Belvedere Square, Laguna Plaza, Waldorf Avenue, Caribbean Square, Jubilee Square, Smartland, Tsing Yi Square, Centre de Laguna, Hampton Loft, Lido Avenue, and Rhine Avenue. These centers host a varied mix of occupants, catering to diverse needs with tenants ranging from major supermarkets and various food and beverage establishments to banks, real estate agencies, and education service providers.

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For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms