#FortuneTogether #FortuneSustains At Fortune REIT, we believe in nurturing future leaders, which is why we're excited to share the success stories of our student interns, Jessica Chen and Carina Tsui, who have recently completed our internship program. Their exceptional dedication, enthusiasm, and pursuit of excellence have been inspiring. We're honored to have played a role in their career growth and are eager to see what they achieve next! #FortuneReitInternship #FortuneREIT #InternshipExperience #InspiringYouth #置愛共融 #置可持續
About us
Fortune REIT (Stock Code: 778) is a real estate investment trust established in 2003. It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited. Fortune REIT currently holds a portfolio of 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighbourhood mall in Singapore, comprising 3 million sq. ft. of retail space and 2,793 car parking spaces. Fortune REIT is managed by ESR Asset Management (Fortune) Limited ("the Manager"). The Manager is a wholly-owned subsidiary of ESR Asset Management Limited, part of the ESR Group. ESR is Asia-Pacific's leading New Economy real asset manager and one of the largest listed real estate investment managers globally. The Manager’s key objective is to deliver regular and stable returns to Fortune REIT’s Unitholders through proactive management of Fortune REIT’s portfolio of assets and acquiring properties that generate long term benefits to Unitholders.
- Website
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https://www.fortunereit.com
External link for Fortune REIT
- Industry
- Real Estate
- Company size
- 11-50 employees
- Headquarters
- Hong Kong
- Type
- Public Company
Locations
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Primary
Unit 901, Level 9, Fortune Metropolis 6 Metropolis Drive, Hunghom Kowloon
Hong Kong, HK
Employees at Fortune REIT
Updates
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🌟 𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐅𝐨𝐫𝐰𝐚𝐫𝐝: 𝐋𝐞𝐭’𝐬 𝐆𝐫𝐨𝐰 𝐓𝐨𝐠𝐞𝐭𝐡𝐞𝐫! 🌟 At Fortune REIT, we believe in moving forward by giving back. Join us on this journey and check out our mini-video 🎥 "𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐅𝐨𝐫𝐰𝐚𝐫𝐝" series for a behind-the-scenes peek at our awesome ESG efforts! 🌿 𝐅𝐚𝐫𝐦@𝐅𝐨𝐫𝐭𝐮𝐧𝐞! 🌿 This green gem at Fortune City One is a testament to our commitment to sustainability and community engagement. It is a vibrant hub where we bring people together to learn and live green. Through hands-on farming activities, we’re raising awareness and inspiring sustainable living practices. But that’s not all! We’re also championing a circular economy by collecting unsold food from the wet market and turning it into compost for organic farming. This not only reduces waste but also nourishes our plants, creating a beautiful cycle of growth and renewal.♻️ #Sustainability #UrbanFarming #FunWithESG #GreenLiving #FortuneForward #FortuneSustains #FortuneGoesGreen #Rooftop Republic Urban Farming
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Post results CEO interview - #CNBC #SquawkBox🎥📰 Justina Chiu, our CEO, appeared on CNBC’s Squawk Box to discuss 𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐑𝐄𝐈𝐓’s interim results performance and outlook for 2H2024. Here are the key takeaways: 𝐒𝐭𝐞𝐚𝐝𝐲 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐎𝐜𝐜𝐮𝐩𝐚𝐧𝐜𝐲 𝐒𝐮𝐩𝐩𝐨𝐫𝐭𝐞𝐝 𝐛𝐲 𝐒𝐮𝐬𝐭𝐚𝐢𝐧𝐞𝐝 𝐋𝐞𝐚𝐬𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝📈 Our portfolio's occupancy has shown a positive trend, reaching 94.8% as of June 30, 2024, up from 94.1% a year earlier. Fortune Malls continue to see steady leasing demand, with encouraging rent increases in the two dominant sectors - F&B and Services & Education. 𝐑𝐞𝐯𝐢𝐭𝐚𝐥𝐢𝐳𝐞𝐝 +𝐖𝐎𝐎 𝐁𝐨𝐨𝐬𝐭𝐬 𝐎𝐜𝐜𝐮𝐩𝐚𝐧𝐜𝐲 𝐰𝐢𝐭𝐡 𝐄𝐧𝐡𝐚𝐧𝐜𝐞𝐝 𝐓𝐞𝐧𝐚𝐧𝐭 𝐌𝐢𝐱 🏢🔧 The completion of the +WOO Phase 2 AEIs in July 2024 marks a key milestone. +WOO now boasts a fresh, appealing look and enhanced facilities, attracting more tenants from diverse sectors. We expect further increases in occupancy in 2H2024 as leasing continues. Fortune REIT will also soon commence AEIs for Fortune Metropolis in Hunghom to unlock its full potential. 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐒𝐞𝐜𝐨𝐧𝐝 𝐇𝐚𝐥𝐟🤞 Low unemployment rate and stable wages increases, as well as government supportive measures, such as expanding the Individual Visit Scheme, increasing duty-free quotas and the launching of talent admission schemes, should provide support to the retail market. Our strategy to be adaptive in leasing and continue to invest in shopping mall enhancements allow us to keep abreast. #FortuneREIT #0778HK #BusinessNews #FortuneREITInterviews #MediaInterview #PostResultsInterview #FortuneREITOnTheNews #TVApperance #Malls #ShoppingMalls #NeighbourhoodMalls
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𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐫𝐞𝐬𝐮𝐥𝐭𝐬 𝐟𝐨𝐫 𝐭𝐡𝐞 6 𝐦𝐨𝐧𝐭𝐡𝐬 𝐞𝐧𝐝𝐞𝐝 30 𝐉𝐮𝐧𝐞 2024. 𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐑𝐄𝐈𝐓 reports an interim distribution per unit "DPU" of 18.23 HK cents. The DPU, over a 100% payout ratio, represents an attractive 9.7%. 📈annualized yield. We continued to see resilient leasing demand at our neighbourhood malls 🏬 as portfolio occupancy improved further 🔼 and tenant retention remained high 👍 during the reporting period. We are hopeful the completion of AEIs at +WOO will give a boost to its occupancy and rental income in the latter half of 2024. 👉Find out more from our press release 📄: https://rb.gy/ryl4m1 #FortuneReit778 #FortuneReitResults #2024InterimResults #HKreit #FinancialResults #FortuneMalls
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🎉 𝐇𝐔𝐆𝐄 𝐂𝐨𝐧𝐠𝐫𝐚𝐭𝐮𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐭𝐨 𝐨𝐮𝐫 𝐇𝐨𝐧𝐠 𝐊𝐨𝐧𝐠 𝐚𝐭𝐡𝐥𝐞𝐭𝐞𝐬 𝐨𝐧 𝐭𝐡𝐞𝐢𝐫 𝐬𝐩𝐞𝐜𝐭𝐚𝐜𝐮𝐥𝐚𝐫 𝐎𝐥𝐲𝐦𝐩𝐢𝐜 𝐯𝐢𝐜𝐭𝐨𝐫𝐢𝐞𝐬! 🥇🥉 Your unwavering dedication, exceptional talent, and tireless efforts have made us immensely proud. Fortune Malls has been hosting live-streams of the Olympic events, bringing our community together to enthusiastically cheer on our sporting heroes. A heartfelt shoutout to ALL Hong Kong athletes! Your perseverance, sportsmanship and indomitable spirit are truly inspiring. 🌟 𝐊𝐞𝐞𝐩 𝐬𝐡𝐢𝐧𝐢𝐧𝐠 𝐚𝐧𝐝 𝐦𝐚𝐤𝐢𝐧𝐠 𝐡𝐢𝐬𝐭𝐨𝐫𝐲!!! #Olympics2024 #HongKong #Proud #FortuneMalls #HKAthletesFight #OlympicSpirit
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Attention Ma On Shan food enthusiasts! 🎉 The acclaimed Japanese restaurant 𝐒𝐮𝐤𝐢𝐲𝐚 has landed at 𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐌𝐚𝐥𝐥𝐬! 🍚🍜 Indulge in Sukiya’s famous donburi rice bowls, from the classic Gyudon (beef bowl) to the delectable Unadon (eel bowl). These dishes have captured the hearts of foodies city-wide and are sure to delight your palate! 😋 The best part? No need to venture far – all these culinary delights are now available right at 𝐌𝐚 𝐎𝐧 𝐒𝐡𝐚𝐧 𝐏𝐥𝐚𝐳𝐚, just a stone’s throw from the MTR station, perfectly placed to cater to our community. 🏡 Come over and treat yourself to the authentic flavors of Japan nestled in the vibrant hub of our neighborhood – 𝐌𝐚 𝐎𝐧 𝐒𝐡𝐚𝐧 𝐏𝐥𝐚𝐳𝐚. 😋 📍Find us at: Shop 337, 3/F, Ma On Shan Plaza, 608 Sai Sha Road, Ma On Shan (馬鞍山西沙路608號馬鞍山廣場3樓337號舖)🌟 #SukiyaHK #FortuneMall #MaOnShan #JapaneseCuisine #GrandOpening
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Calling all 𝐊𝐚𝐤𝐚𝐨 enthusiasts! 🌟 Embrace the athletic zeal as Fortune Malls morphs into a 'Sport Mania' paradise. We've teamed up with Kakao Friends to bring you an unforgettable experience from now until October 20 at our four vibrant locations - +𝐖𝐎𝐎, 𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐌𝐞𝐭𝐫𝐨𝐩𝐨𝐥𝐢𝐬, 𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐂𝐢𝐭𝐲 𝐎𝐧𝐞, and 𝐌𝐚 𝐎𝐧 𝐒𝐡𝐚𝐧 𝐏𝐥𝐚𝐳𝐚! 🎉 Dive into the Olympic fever and capture your champion moments with the beloved Kakao Friends.🏅 Join us at Fortune Malls to revel in the dynamic sports ambiance and create lasting memories with your favorite characters. 🤳 #Paris2024Olympics #FortuneReit #KakaoFriends #SportMania
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🎉 Let's turn up the excitement! The Fortune REIT Investor Relations team is absolutely on fire, grabbing not one, not two, but three prestigious accolades at the 10th Investor Relations Awards 2024 by Hong Kong Investor Relations Association (HKIRA). 🔥 For the 10th consecutive year, we've secured the esteemed 𝐁𝐞𝐬𝐭 𝐈𝐑 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 award, and our trailblazing leaders, Justina Chiu and Yuki Ng, have triumphed with the 𝐁𝐞𝐬𝐭 𝐈𝐑 𝐁𝐲 𝐂𝐡𝐚𝐢𝐫𝐦𝐚𝐧/𝐂𝐄𝐎 and 𝐁𝐞𝐬𝐭 𝐈𝐑 𝐁𝐲 𝐂𝐅𝐎 awards, respectively. 🏆🏆🏆 Kudos to our amazing team for their unwavering dedication to setting the gold standard in investor relations! 🌟 #HKreit #FortuneREIT #FortuneREIT778 #FortuneREITAwards #awards #InvestorRelations #IR #HKIRA #FortuneREITAwards #InvestorRelationsAwards #FortuneShines
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🌟 𝐓𝐞𝐚𝐦 𝐂𝐨𝐡𝐞𝐬𝐢𝐨𝐧 for Strengthening Bonds and Enhancing Success🌟 Fortune REIT always value investing in the well-being, collaboration and growth of our employees as a coherent team has been the biggest driving force behind our success 🙌. To this end, our team recently spent a day together in Shenzhen with an array of activities curated to cultivate their coordination, communication and trust as a cohesive team. The team shared great excitements through a series of challenge-based activities - from pulse-pounding war games 🔫 and speed-riding competitions 🏎️ to collective problem-solving exercises. Besides, we made it a point to immerse ourselves in Shenzhen’s vibrant lifestyle and dining offerings. This cross-cultural exploration inspired us with valuable insights to enhance our own retail spaces, offerings and services 💡. The activities underscored the vital roles that cohesion and personal advancement play in driving workplace success and job satisfaction at Fortune REIT 💼. We firmly believe that a unified, collaborative team is essential for aligning on common goals and achieving our shared objectives 💪. A shoutout to our organizers Queenie WONG and Zoe Wong who made this trip one of our most memorable cohesion events 🤝. #FortuneREITTeam #TeamBuilding #WorkplaceSuccess #FortuneForAll
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🎪 Bringing Families, Tenants and Education Together at 𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐌𝐚𝐥𝐥𝐬: Our 𝐅𝐚𝐦𝐢𝐥𝐲 𝐂𝐚𝐫𝐧𝐢𝐯𝐚𝐥 𝐓𝐫𝐚𝐝𝐢𝐭𝐢𝐨𝐧! 🎪 At 𝐅𝐨𝐫𝐭𝐮𝐧𝐞 𝐌𝐚𝐥𝐥𝐬, we are dedicated to fostering community connections through regular family-focused events. Our recent Family Carnival at +WOO showcased this commitment, as kids and parents alike were treated to a day filled with fun and enrichment. From exhilarating trampoline bounces 🤸♀️ to fantastic body painting 🎨, and delightful popcorn redemption 🍿 - the carnival was truly a crowd-pleaser! At the heart of the carnival lies our deep commitment as a neighborhood mall operator to meeting the diverse needs of our community - from everyday essentials to valuable services. In fact, 1/4 of our tenants are educational centers, playing a vital role in shaping young and curious minds. Providing these tenants a platform to engage directly with local families is something we are committed to. By strengthening the connections between commerce and community, we deliver exceptional experiences that enrich the lives of our visitors. 🌐 #FortuneMalls #FamilyCarnival #全家啟動樂 #CommunityEngagement #CommunityEvent #FamilyTime #EducationalFun #FortuneForAll