{"id":14131,"date":"2021-04-20T10:40:00","date_gmt":"2021-04-20T10:40:00","guid":{"rendered":"https:\/\/eodishasamachar.com\/en\/2021\/04\/20\/sunlight-real-estate-investment-trust-operational-statistics-for-the-third-quarter-of-the-financial-year-2020-21\/"},"modified":"2021-04-20T10:40:00","modified_gmt":"2021-04-20T10:40:00","slug":"sunlight-real-estate-investment-trust-operational-statistics-for-the-third-quarter-of-the-financial-year-2020-21","status":"publish","type":"post","link":"https:\/\/eodishasamachar.com\/en\/2021\/04\/20\/sunlight-real-estate-investment-trust-operational-statistics-for-the-third-quarter-of-the-financial-year-2020-21\/","title":{"rendered":"Sunlight Real Estate Investment Trust Operational Statistics for the Third Quarter of the Financial Year 2020\/21"},"content":{"rendered":"

\n<\/p>\n

\n <\/p>\n

HONG KONG
\nSAR –\u00a0Media
\nOutReach<\/a>\u00a0–\u00a020 April 2021 –\u00a0Henderson Sunlight
\nAsset Management Limited (the “Manager<\/b>“),
\nas manager of Sunlight Real Estate Investment Trust<\/a> (“Sunlight REIT<\/b>“), announces the operational statistics of Sunlight
\nREIT for the third quarter of the financial year 2020\/21.<\/p>\n


\n <\/p>\n

\u00a0<\/p>\n


\n <\/p>\n

At 31 March 2021, the
\noccupancy rate of Sunlight REIT’s portfolio was 92.7% as compared to 91.5% at
\n31 December 2020. Office occupancy rate increased to 91.2% (31 December 2020:
\n90.1%), while retail occupancy rate also exhibited a mild improvement to 96.0%
\n(31 December 2020: 94.5%), principally led by new letting activities at Metro
\nCity Phase I Property (“MCPI<\/b>“). <\/p>\n


\n <\/p>\n

\u00a0<\/p>\n


\n <\/p>\n

The overall passing
\nrent of Sunlight REIT’s portfolio was HK$48.1 per sq. ft. at 31 March 2021 (31
\nDecember 2020: HK$48.7 per sq. ft.). During the quarter under review, the
\noffice and retail portfolios registered negative rental reversions of 4.1% and 14.9%
\nrespectively, reflecting the still difficult business environment due to
\nCOVID-19. <\/p>\n


\n <\/p>\n

\u00a0<\/p>\n


\n <\/p>\n

In respect of the
\noffice portfolio, Dah Sing Financial Centre (previously known as Sunlight
\nTower) registered a steady occupancy rate of 88.5% at 31 March 2021 with a
\nnegative rental reversion of 1.5% for the quarter. Meanwhile, higher occupancy
\nrates at the office properties in Sheung Wan\/Central had been witnessed,
\nillustrating the gradual recovery in demand for inexpensive spaces from local
\nsmall-to-medium enterprises. <\/p>\n


\n <\/p>\n

\u00a0<\/p>\n


\n <\/p>\n

On the retail front,
\noccupancy rates of Sheung Shui Centre Shopping Arcade (“SSC<\/b>“) and MCPI
\nwere 93.4% and 96.7% respectively. The passing rent of SSC recorded a 2.0%
\nquarter on quarter decline to HK$103.5 per sq. ft., mainly reflecting lower committed
\nrents for certain fashion and jewellery tenants, the performance of which were
\nheavily impacted by the absence of tourists’ spending. On the other hand, MCPI maintained
\na relatively stable passing rent of HK$56.8 per sq. ft..\u00a0 <\/p>\n


\n <\/p>\n

\u00a0<\/p>\n


\n <\/p>\n

Remarks: Attached operational statistics of Sunlight REIT
\nfor the third quarter of the financial year 2020\/21. <\/i><\/p>\n


\n <\/p>\n

\u00a0<\/b><\/p>\n


\n <\/p>\n

Operational statistics for the third quarter of the financial
\nyear 20<\/b>20<\/b>\/2<\/b>1<\/b><\/p>\n


\n
\n
\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
<\/p>\n

Property<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Location<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Occupancy Rate (%) 1<\/sup><\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Passing Rent (HK$\/sq. ft.) 2<\/sup><\/b><\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

at 31 Mar <\/b>21<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

at 31 Dec <\/b>20<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

at 31 Mar <\/b>21<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

at 31 Dec <\/b>20<\/b><\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Office<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Dah
\n Sing Financial Centre3<\/sup><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Wan
\n Chai<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

88.5 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

88.8<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

44.7<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

44.9<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Strand
\n 50<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Sheung
\n Wan<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

91.3 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

87.2<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

32.8<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

33.2<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

The
\n Harvest<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Mong
\n Kok<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

100.0 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

100.0 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

53.1 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

53.3 <\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

135
\n Bonham Strand Trade Centre Property<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Sheung
\n Wan<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

89.0 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

87.3<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

28.7<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

29.3<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Winsome
\n House Property<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Central<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

88.6 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

85.8<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

44.9 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

45.5 <\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Righteous
\n Centre<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Mong
\n Kok<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

98.5<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

99.3<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

33.9<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

34.4<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

235 Wing
\n Lok Street Trade Centre<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Sheung
\n Wan<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

88.6<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

86.8<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

21.1<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

21.3<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Java
\n Road 108 Commercial Centre<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

North
\n Point<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

96.1<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

96.1<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

25.3<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

25.4<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

On Loong
\n Commercial Building<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Wan
\n Chai<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

98.0 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

96.0<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

31.7<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

32.0<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Sun Fai
\n Commercial Centre Property<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Mong
\n Kok<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

100.0 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

93.1<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

22.0<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

23.0<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Wai
\n Ching Commercial Building Property<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Yau
\n Ma Tei<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

94.5<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

94.5<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

17.6<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

17.6<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Average<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

91.2<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

90.1<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

37.4<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

37.8<\/b><\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

\u00a0<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Retail<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Sheung
\n Shui Centre Shopping Arcade<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Sheung
\n Shui<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

93.4 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

92.9<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

103.5<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

105.6<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Metro
\n City Phase I Property<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Tseung
\n Kwan O<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

96.7<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

94.3<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

56.8<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

57.3<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Kwong
\n Wah Plaza Property<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Yuen
\n Long<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

100.0<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

99.3<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

53.6<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

53.4<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Beverley
\n Commercial Centre Property<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

Tsim
\n Sha Tsui<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

81.9<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

80.3<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

34.0<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

34.5<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Supernova
\n Stand Property<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

North
\n Point<\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

100.0 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

100.0 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

57.2 <\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

54.5<\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Average<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

96.0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

94.5<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

70.0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

71.0<\/b><\/p>\n

\n <\/td>\n


\n <\/tr>\n

<\/p>\n

Average<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

\u00a0<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

92.7 <\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

91.5<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

48.1<\/b><\/p>\n

\n <\/td>\n

<\/p>\n

 <\/p>\n

48.7<\/b><\/p>\n

\n <\/td>\n


\n <\/tr>\n<\/tbody>\n<\/table>\n


\n <\/p>\n

Notes:<\/b><\/p>\n


\n <\/p>\n

1.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
\nCalculated on the basis of occupied
\ngross rentable area (“GRA<\/b>“) as a
\nproportion of total GRA on the relevant date.<\/p>\n


\n <\/p>\n

2.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
\nCalculated on the basis of average
\nrent per sq. ft. for occupied GRA on the relevant date.<\/p>\n


\n <\/p>\n

3.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0
\nThe property was previously known as
\nSunlight Tower.<\/p>\n<\/p><\/div>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

HONG KONG SAR –\u00a0Media OutReach\u00a0–\u00a020 April 2021 –\u00a0Henderson Sunlight Asset Management Limited (the “Manager“), as manager of Sunlight Real Estate Investment Trust (“Sunlight REIT“), announces the operational statistics of Sunlight REIT for the third quarter of the financial year 2020\/21. \u00a0 At 31 March 2021, the occupancy rate of Sunlight REIT’s …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[60],"tags":[],"_links":{"self":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14131"}],"collection":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/comments?post=14131"}],"version-history":[{"count":0,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/posts\/14131\/revisions"}],"wp:attachment":[{"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/media?parent=14131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/categories?post=14131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/eodishasamachar.com\/en\/wp-json\/wp\/v2\/tags?post=14131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}