0778: Fortune Real Estate Investment Trust - Summary | Jitta

Fortune Real Estate Investment Trust

HKG:0778

Price
HK$9.30
Loss Chance
49.4%
4.36JITTA SCORE
82.17%Over Jitta Line
Jitta Ranking
Sorry, the data is not yet available for this stock.
HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (39)
Recent Business Performance (49)
Financial Strength (74)
Return to Shareholders (15)
Competitive Advantage (26)
Jitta Signs
Recent Business PerformanceEarning Growth Last Year
CapExVery Low
Interest Coverage RatioVery Good
Cash Conversion CycleLess than 30 days
Revenue and EarningRevenue decline from 2018-2021
Key Stats
Jitta Score
Jitta Line
4.36
82.17%
Retail REITs
4.36
82.17%
4.36
82.17%
6.38
187.02%
COMPANY DESCRIPTION
Established in 2003, Fortune REIT is a real estate investment trust constituted by a trust deed (as amended, supplemented or otherwise modified from time to time). 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 16 private housing estate retail properties in Hong Kong, comprising of 3 million sq. ft. of retail space and 2,713 car parking spaces. The retail properties are 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. They house tenants from diverse trade sectors such as supermarkets, food and beverage outlets, banks, real estate agencies, and education providers.