For the year ended 31 December, I'm looking for
PROFIT (HK$ MIL) | 2018 | 2019 | 2020 | 2021 | 2022 |
Total Rental Income | $2,677 | $2,778 | $2,633 | $2,495 | $2,359 |
Net Property Income | $2,405 | $2,481 | $2,347 | $2,197 | $2,031 |
DISTRIBUTION (HK$) | 2018 | 2019 | 2020 | 2021 | 2022 |
Distributable Income (mil) | $1,611 | $1,648 | $1,554 | $1,503 | $1,298 |
Distribution Amount (mil) | $1,530 | $1,566 | $1,476 | $1,353 | $1,168 |
Distribution per Unit | $0.2614 | $0.2662 | $0.2496 | $0.2275 | $0.1954 |
VALUATION (HK$) | 2018 | 2019 | 2020 | 2021 | 2022 |
Gross Value of Portfolio (mil) | $83,135 | $81,178 | $67,318 | $65,296 | $63,555 |
Net Asset Value per Unit | $11.42 | $11.04 | $8.61 | $8.25 | $7.91 |
FINANCIAL RATIOS | 2018 | 2019 | 2020 | 2021 | 2022 |
Net Expense Ratio | 10.2% | 10.7% | 10.9% | 11.9% | 13.9% |
Payout Ratio | 95.0% | 95.0% | 95.0% | 90.0% | 90.0% |
Gearing Ratio | 17.6% | 18.0% | 23.0% | 22.9% | 22.5% |
OPERATIONAL STATISTICS | 2018 | 2019 | 2020 | 2021 | 2022 |
Three Garden Road Office Occupancy | 99.1% | 93.0% | 86.8% | 89.0% | 82.7% |
Three Garden Road Office Passing Rent (HK$ psf) | $98.6 | $107.8 | $110.4 | $108.3 | $99.7 |
Langham Place Office Occupancy | 100.0% | 97.7% | 88.7% | 96.3% | 93.3% |
Langham Place Office Passing Rent (HK$ psf) | $42.7 | $46.5 | $47.7 | $47.1 | $46.0 |
Langham Place Mall Occupancy | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Langham Place Mall Passing Rent (HK$ psf) | $259.1 | $209.5 | $179.3 | $165.9 | $157.1 |