Fortune Reit Q4 2010 Quarterly Earnings Report:
Results
Key Points
Distribution of 12.08 Hong Kong cents per unit for the period of 1 July 2010 to 31 December 2010.
DPU for the reporting quarter is 6.32 HK cents.
Fortune REIT’s gearing ratio and aggregate leverage was lowered to 21.0% as at 31 December 2010 (31 December 2009: 23.7%). The decrease was due to a rise in valuation of investment......