Prosperity Real Estate Investment Trust ('Prosperity REIT') was the first private sector REIT to list on the Main Board of the Stock Exchange of Hong Kong Limited with exposure to the Hong Kong office and industrial/ office sectors in decentralized business districts. Cheung Kong (Holdings) Limited together with Hutchison Whampoa Limited is the single largest unitholder of Prosperity REIT.
Prosperity REIT is a Hong Kong collective investment scheme authorized under section 104 of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). Hong Kong Stock Exchange stock code: 808.
Prosperity REIT owns and invests in a diverse, income producing portfolio of commercial properties which enjoys high growth potential. Through the Prosperity REIT, investors can have direct exposure to one of the most vibrant real estate markets in Asia today.
The portfolio currently features seven high-quality properties with a total of 1,215,579 square feet. The properties are strategically located with direct access to the mass transportation network of Hong Kong. The properties include The Metropolis Tower, Prosperity Millennia Plaza, Harbourfront Landmark (portion), Prosperity Place, Trendy Centre, Prosperity Center (portion) and New Treasure Centre (portion).
Prosperity REIT is managed by ARA Asset Management (Prosperity) Limited (“The Manager”), a highly experienced and visionary management team. The Manager focuses on optimizing returns from the existing asset base of Prosperity REIT through pro-active asset management and multi-dimensional growth strategies. The Manager leverages on its professionalism and unrivalled expertise to drive growth of Prosperity REIT and bring strong return to unitholders. In an increasingly competitive REIT market, the Manager is committed to keeping a step ahead of the game.