Fortune Real Estate Investment Trust (0778.HK)

3.940 +0.030 (+0.77%) At close: 04:08PM HKT

Fortune Real Estate Investment Trust

Unit 901, Level 9
Fortune Metropolis, 6 Metropolis Drive Hunghom
Kowloon
Hong Kong
852 2169 0928
https://www.fortunereit.com

Sector(s): Real Estate
Industry: REIT - Retail
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Ms. Yu Chiu CFA	CEO & Executive Director of ARA Asset Management (Fortune) Limited	N/A	N/A	1981
Ms. Yuki Ng	Chief Financial Officer	N/A	N/A	N/A
Ms. Yuen Chun Hung	Senior Director of Investments & Investor Relations of ARA Asset Management (Fortune) Limited	N/A	N/A	N/A
Ms. Wai Ming Chiang	Company Secretary of ARA Asset Management (Fortune) Limited	N/A	N/A	N/A
Ms. Mei Mei Low	Company Secretary of ARA Asset Management (Fortune) Limited	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

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 17 retail properties, with 16 private housing estate retail properties in Hong Kong and 1 neighborhood mall in Singapore, comprising approximately 3 million sq. ft. of retail space and 2,793 car parking spaces. The retail properties are Fortune City One, +WOO, Ma On Shan Plaza, Metro Town, Fortune Metropolis, Laguna Plaza, Belvedere Square, Waldorf Avenue, Caribbean Square, Jubilee Square, Tsing Yi Square, Smartland, Stars of Kovan Property, 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.

Corporate governance

Fortune Real Estate Investment Trust’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.