SUNLIGHT REIT (00435) Reports 89.2% Occupancy Rate for Q3 Property Portfolio

Stock News
Oct 15

According to recent reports, SUNLIGHT REIT (00435) announced that as of September 30, 2025, its property portfolio's occupancy rate stood at 89.2%, remaining stable compared to the previous quarter. The occupancy rates for office and retail properties were reported at 89.7% and 88.2%, respectively. The current rental rate for the overall portfolio is HKD 43.0 per square foot, but renewal rents experienced a negative growth of 9.0% over the review quarter. The Daxin Financial Center maintained a rental rate of 90.6% as of September 30, 2025, with a current rental price of HKD 36.1 per square foot. The occupancy rate for Strand 50 in Sheung Wan improved to 85.5%, while Yunsan Building’s occupancy rate dropped to 80.2%, primarily due to transitional vacancies from several office tenant departures. In Kowloon, the occupancy rate for the Fung Yi Center rose to 96.4%, indicating its popularity as a beauty-centric service hub. In the retail sector, the occupancy rate for the Sheung Shui Center Shopping Mall reached 87.8%, with a current rental rate of HKD 104.1 per square foot. Meanwhile, the occupancy rate for New Town Plaza Phase 1 remained unchanged at 87.1%, with a current rental price of HKD 53.2 per square foot.

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