FORTUNEREIT：Annualreport2023.pdf

1、Annual Report 2023IN EXCELLENCESTRENGTHAnnual Report 2023FORTUNE REAL ESTATE INVESTMENT TRUSTStock Code:778About Fortune REITEstablished in 2003,Fortune Real Estate Investment Trust(“Fortune REIT”)is a real estate investment trust constituted by a trust deed(the“Trust Deed”)(as amended,supplemented

2、or otherwise modified from time to time).It is the first REIT to hold assets in Hong Kong and is currently listed on the Main Board of The Stock Exchange of Hong Kong Limited(the“SEHK”).Fortune REIT holds a portfolio of 17 retail properties,with 16 private housing estate retail properties in Hong Ko

3、ng and 1 neighbourhood mall in Singapore,comprising approximately 3 million square feet(“Sq.ft.”)of retail space and 2,793 car parking spaces.About the ManagerFortune REIT is managed by ARA Asset Management(Fortune)Limited,a part of the ESR Group(the“ESR”).ESR is APACs leading real asset manager pow

4、ered by the New Economy and one of the largest listed real estate investment managers.With approximately US$81 billion in fee-related assets under management,ESRs fully integrated fund management and development platform extends across key APAC markets,including Greater China,Japan,South Korea,Austr

5、alia,Singapore,India,New Zealand,and Southeast Asia,with a presence in Europe and the U.S.ESR provides a diverse range of real asset investment solutions and New Economy real estate development opportunities across the private funds business,which allow capital partners and customers to capitalise o

6、n the most significant secular trends in APAC.ESRs purpose Space and Investment Solutions for a Sustainable Future drives it to manage sustainably and impactfully,and ESR considers the environment and the communities in which it operates as key stakeholders of its business.Listed on the Main Board o