Total property operating expenses increased 1% year-on-year to HK$253.8 million, resulting in a 3% increase in net property income to HK$727.0 million.
SINGAPORE (July 28): ARA Asset Management, the manager of Fortune REIT, reported interim DPU rose 3% to 25.53 HK cents (4.44 cents) from 24.78 HK cents a year ago.
Total revenue for the six months ended June rose 2.5% year-on-year to HK$1 billion benefitting from the positive rental reversion across the portfolio.
