New Century REIT Overview

 

New Century Real Estate Investment Trust (Stock Code: 1275.HK)


First China-based hotel REIT in the world  

New Century Real Estate Investment Trust is a Hong Kong collective investment scheme constituted as a unit trust and authorized under section 104 of the SFO. New Century REIT is the first China-based hotel REIT in the world. 


After the disposal of Songjiang New Century Grand Hotel Shanghai in July 2017, Holiday Inn Eindhoven in November 2019 and New Century Grand Hotel Hangzhou, New Century Resort Qiandao Lake Hangzhou, New Century Grand Hotel Ningbo, New Century Grand Hotel Changchun, New Century Grand Hotel Kaifeng and New Century Hotel Xiaoshan Zhejiang in April 2021, New Century REIT has no operating real estate assets now.

 

Key Investment Highlights

- First China-based hotel REIT in the world

- Steady historical growth and strong internal growth potential

- Well-positioned to capitalize on external growth opportunities

- Stable revenue with upside potential provided under the Hotel Lease and Management Agreements

- Committed and reputable sponsors

- Experienced board and management team with proven track record

 

Long-term Objectives and Strategy

While we continue its strategy to invest in a diversified portfolio of income-producing hospitality related real estates, initially in China, our strategy have recently been expanded to invest in a diversified portfolio of income-producing real estate assets around the globe including retail and /or commercial properties and hotel or other hospitality-related properties.