36 Followers HKEX:2778 - Champion Real Estate Investment Trust Champion Real Estate Investmen
Sector: Real Estate, Industry: Retail REITs
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HKD 1.61    +0.06 (+3.87%)

28 Mar 2024


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General

CEO: Ms. Shun Hau

IPO: 2006-05-24

Headquarters: HK

Employees: 0

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Description

Champion Real Estate Investment Trust, or Champion REIT, owns and invests in income-producing office and retail properties, with a focus on Grade A commercial properties in prime locations. In Hong Kong, the trust holds two assets in Three Garden Road in the central business district and the retail and office components of Langham Place in Mong Kok. Great Eagle Holdings listed Champion REIT with a 91.5% stake in Three Garden Road in 2006 and injected the Langham Place office and retail portions into the trust in 2008. The trust acquired the remaining stake in Three Garden Road and unified ownership of the property in 2013. Great Eagle Holdings retains a 68.3% stake in Champion REIT. In 2021, the trust entered into a joint venture to acquire a 27% stake in 66 Shoe Lane in London.

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