Champion REIT has been listed on the Hong Kong Stock Exchange since 24 May 2006. The Trust initially invested and owned 91.5% stake of Three Garden Road (formerly known as Citibank Plaza), a Grade-A commercial complex with two office buildings located in the Central Business District in Hong Kong. In 2008, the Trust acquired the retail and office components (excluding four floors) of Langham Place in Mongkok, which is one of the busiest public transportation hubs and a popular shopping destination with tourists and locals alike. Later in 2013, the Trust acquired the remaining floors of Three Garden Road, unifying the ownership of the entire commercial complex
Champion REIT is a trust formed to own and invest in income producing office and retail properties and is one of the 10 largest REITs by market capitalization in the Asia excluding Japan region. The Trust's focus is on Grade A commercial properties in prime locations. It currently offers investors direct exposure to 2.93 million sq. ft. of prime office and retail floor area by way of two landmark properties in Hong Kong, Three Garden Road and Langham Place, one on each side of the Victoria Harbour.
Champion REIT's key objectives are to provide investors with stable and sustainable distribution and to achieve long-term capital growth. This aim of providing attractive total returns will be achieved by, among other things, proactive management of the properties in the Trust's portfolio and the selective acquisition of properties that will enhance distribution.
Total Assets (HK$mil)