Financial LeverageGearing rose to 35.9% amid lower portfolio valuation, indicating increased financial leverage.
Lease RenewalProgress on lease renewal with SFH Group is crucial, as leases accounting for over 80% of the portfolio's gross lettable area are scheduled for renewal in 2026, affecting the REIT’s earnings prospects.
Logistics DemandAny further deterioration in logistics demand in Hong Kong and China should weigh on the sentiment towards the stock.