For the year ended 31 December, I'm looking for
PROFIT (HK$ MIL) | 2020 | 2021 | 2022 | 2023 | 2024 |
Total Rental Income | $2,633 | $2,495 | $2,359 | $2,312 | $2,185 |
Net Property Income | $2,347 | $2,197 | $2,031 | $1,946 | $1,820 |
DISTRIBUTION (HK$) | 2020 | 2021 | 2022 | 2023 | 2024 |
Distributable Income (mil) | $1,554 | $1,503 | $1,298 | $1,122 | $958 |
Distribution Amount (mil) | $1,476 | $1,353 | $1,168 | $1,010 | $862 |
Distribution per Unit | $0.2496 | $0.2275 | $0.1954 | $0.1683 | $0.1422 |
VALUATION (HK$) | 2020 | 2021 | 2022 | 2023 | 2024 |
Gross Value of Portfolio (mil) | $67,318 | $65,296 | $63,555 | $62,950 | $60,104 |
Net Asset Value per Unit | $8.61 | $8.25 | $7.91 | $7.72 | $7.16 |
FINANCIAL RATIOS | 2020 | 2021 | 2022 | 2023 | 2024 |
Net Expense Ratio | 10.9% | 11.9% | 13.9% | 15.8% | 16.7% |
Payout Ratio | 95.0% | 90.0% | 90.0% | 90.0% | 90.0% |
Gearing Ratio | 23.0% | 22.9% | 22.5% | 22.8% | 23.7% |
OPERATIONAL STATISTICS | 2020 | 2021 | 2022 | 2023 | 2024 |
Three Garden Road Office Occupancy | 86.8% | 89.0% | 82.7% | 82.8% | 82.6% |
Three Garden Road Office Passing Rent (HK$ psf) | $110.4 | $108.3 | $99.7 | $91.7 | $87 |
Langham Place Office Occupancy | 88.7% | 96.3% | 93.3% | 93.3% | 87.2% |
Langham Place Office Passing Rent (HK$ psf) | $47.7 | $47.1 | $46.0 | $45.9 | $44 |
Langham Place Mall Occupancy | 100.0% | 100.0% | 100.0% | 98.6% | 99.3% |
Langham Place Mall Passing Rent (HK$ psf) | $179.3 | $165.9 | $157.1 | $185.3 | $157.5 |