Skip to Content

Fortune Real Estate Investment Trust Units Real Estate Investment Trust FRIVF

Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

About Quantitative Ratings

Morningstar Quantitative ratings for equities (denoted on this page by) are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies withratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating. Click here for more on how to use these ratings.

Company Profile

Business Description

Fortune Real Estate Investment Trust is a Hong Kong-based real estate company that invests in retail properties. The company's portfolio primarily includes shopping malls and car parking spaces, which are located across different areas of Hong Kong. The trust generates the majority of revenue from rents, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's major tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.

Contact
5 Temasek Boulevard, No. 12-01 Suntec Tower Five
Singapore, 038985, Singapore
T +65 68359232
Sector Real Estate
Industry REIT - Retail
Most Recent Earnings Dec 31, 2015
Fiscal Year End Dec 31, 2020
Stock Type
Employees