Brief: Regal Real Estate Investment Trust Declares Final Distribution Of Hk$0.056 Per Unit For 2019

Regal Real Estate Investment Trust

26/03/2020 12:33

March 26 (Reuters) - Regal Real Estate Investment Trust
 1881.HK :
    * FINAL DISTRIBUTION OF HK$0.056 PER UNIT FOR 2019
    * FY GROSS RENTAL REVENUE HK$948.7 MILLION VERSUS HK$983.7
MILLION
    * MAY BE NEGATIVE IMPACT ON VALUATION OF PROPERTY PORTFOLIO
AND
VARIABLE RENT IN GROUP'S 2020 INTERIM AND ANNUAL RESULTS FROM
COVID 19
    * OUTBREAK OF CORONAVIRUS WEAKENED GROUP'S HOTEL OPERATING
PERFORMANCE
    * FY LOSS BEFORE DISTRIBUTIONS HK$2.10 BILLION VERSUS PROFIT
OF
HK$2.25 BILLION

Source text for Eikon:  ID:nHKS7SN2v0 
Further company coverage:  1881.HK 

 ((Reuters.Briefs@thomsonreuters.com;))