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$1.26B
N/A
N/A
7.52%
China Merchants Commercial Reit (1503) trades on Hong Kong Stock Exchange in HKD. The company is classified in the Real Estate sector under the REIT - Office industry. The stock currently trades at HKD1.13, up 0.89% from the previous close.
Over the past year, 1503 has traded between a low of HKD1.08 and a high of HKD1.36. The stock has gained 4.2% over this period. It is currently 17.0% below its 52-week high.
China Merchants Commercial Reit has a market capitalization of $1.26B and a dividend yield of 7.52%.
China Merchants Commercial 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) and its units are listed on the Main Board of the Stock Exchange of Hong Kong Limited. China Merchants Commercial REIT is governed by the deed of trust dated 15 November 2019, as amended from time to time (the Trust Deed), entered into between China Merchants Land Assets Management Co., Limited (the Manager) and DB Trustees (Hong Kong) Limited (the Trustee), and the Code on Real Estate Investment Trusts issued by the Securities and Futures Commission of Hong Kong. The principal activity of China Merchants Commercial REIT is investment holding and its subsidiaries own and invest in income-producing commercial properties in Shenzhen and Beijing with the objective of producing stable and sustainable distributions to unitholders and to achieve long term growth in the net asset value per unit. The address of the registered office of the Manager and the Trustee, 22/F, 308 Central Des Voeux, No. 308 Des Voeux Road Central, Sheung Wan, Hong Kong and DB Trustees (Hong Kong) Limited Level 60, International Commerce Centre, 1 Austin Road West, Kowloon, Hong Kong.
Side-by-side comparison against top Real Estate peers.