China Merchants Commercial REIT (01503.HK) announced on August 14th that the company achieved revenue of 0.266 billion yuan and a year-on-year growth of 11.9% for the six-month mid-term performance ending on June 30th, 2024. Distributable income was 62.018 million yuan, a year-on-year growth of 26.3%. Each fund unit is distributed with 0.0600 Hong Kong dollars.
Regarding fund management and governance, the manager continues to aim for open and thrifty management. Last year's refinancing is expected to save nearly RMB 15 million in interest payments for this year. In the market environment of continued RMB interest rate reduction, the manager is also constantly exploring the possibility of further reducing interest costs. In addition, the manager will continue to focus on adding high-quality commercial assets in Hong Kong and mainland China to the REIT Fund's investment portfolio, further enhancing the diversity and stability of the investment portfolio's income.
