ARA Asset Management (Fortune) says FY17 total revenue and net property income rose by 2.8% and 3.3% year-on-year to HK$2.03 billion and HK$1.46 billion respectively. This was due to higher occupancy and healthy rental reversion across the portfolio.
SINGAPORE (Jan 23): The manager of Fortune REIT has reported FY17 DPU of 50.78 HK cents (8.57 cents), 3.1% higher than a year ago.
This comprises an interim and final DPU of 25.53 HK cents and 25.25 HK cents respectively.
