SUNLIGHT REIT (0435) last year's distributable income fell by 2.1%, with a dividend of 18.2 cents
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SUNLIGHT REIT announced that the distributable income for last year was HKD 330 million, a year-on-year decrease of 2.1%; net property income fell by 5.27% to HKD 601 million. The final distribution per unit was HKD 0.091, with a total distribution of HKD 0.182 for the year, resulting in a distribution ratio of 96.1%. As of the end of last year, the overall property portfolio occupancy rate was 90.6%. The average rent for office and retail properties decreased by 3.4% and 2.6%, respectively. Company executives stated that although the recovery of retail rents will take time, the leasing interest from mainland brands has significantly increased
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