Sunlight REIT 2026 Interim Results

Sunlight REIT announced its interim results for the six months ended 30 June 2026. Revenue declined 2.2% year-on-year to HK$382.4 million, and net property income fell 2.5% to HK$299.7 million. Distributable income dropped 2.7% to HK$164.0 million, and the interim distribution per unit was set at HK 8.8 cents, representing a payout ratio of 94.3% and an annualized yield of 8.1%. Portfolio occupancy stood at 90.8%, with office and retail occupancy at 92.0% and 88.4% respectively. The portfolio valuation decreased 1.6% to HK$17,118.1 million, and net asset value per unit fell 2.4% to HK$6.92. The manager highlighted successful refinancing of over HK$3,600 million in debt facilities over the past 12 months and emphasized disciplined cost management and selective asset enhancements.