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Hong Kong REIT Yield Comparator

9 HKEX-listed REITs side-by-side. Distribution yield, NAV discount, sector, geography. The headline question: which HK REIT has the best yield-to-risk for an income-focused investor?

Last updated: 2026-04-27Source: HKEX issuer disclosures + Q4 2025 / FY2025 distribution announcements
Highest yield
11.2%
Prosperity REIT (0808)
Lowest yield
6.4%
Link REIT (0823)
Avg yield
8.5%
across 9 REITs
Avg NAV discount
-50.0%
all trade below NAV

Distribution yield uses TTM (trailing twelve months) cash distribution per unit ÷ closing price. NAV discount = closing price ÷ NAV per unit − 1 (negative = trading below NAV). Numbers rounded to 1 decimal; click ticker for issuer's live data. Yields fluctuate daily with price.

9 / 9 shown
Ticker NameSectorGeographyYield NAV disc. Mkt cap (HK$bn) Read more
0808
Prosperity REIT
Smallest by market cap, highest yield. Pure HK industrial + commercial portfolio. High NAV discount reflects small-cap and tenant concentration risk.
Industrial + CommercialHK only11.2%-55.0%1.5Guide →
0778
Fortune REIT
Pure-play HK suburban shopping mall portfolio. Higher yield reflects post-pandemic retail recovery uncertainty.
Retail (Suburban)HK only9.6%-52.0%4.5Guide →
0405
Yuexiu REIT
Mainland China commercial portfolio. RMB rental income + HKD distribution exposes to FX swings.
Office + Retail (Mainland)Mainland China9.2%-42.0%6.0Guide →
2778
Champion REIT
Holds Three Garden Road and Langham Place. Highly exposed to HK Grade A office market downturn.
Office (Grade A)HK only9.0%-60.0%9.0Guide →
0435
Sunlight REIT
Mid-cap mixed-use HK portfolio. Lower public float; trades at deep NAV discount.
Office + RetailHK only8.5%-50.0%2.0Guide →
2191
SF REIT
Newest HK-listed REIT (2021). Logistics warehouses leased to SF Express ecosystem. Sponsor-related party concentration risk.
LogisticsMainland China8.4%-35.0%2.8Guide →
1426
Spring REIT
Beijing CBD office + UK retail (Asda/Sainsbury's anchored). Cross-border RMB + GBP + HKD exposure unusual.
Office (Beijing) + Retail (UK)China + UK7.8%-48.0%1.2Guide →
1881
Regal REIT
Pure HK hotel REIT. Cyclical earnings tied to inbound tourism recovery. Deepest NAV discount.
HotelHK only7.0%-65.0%1.0Guide →
0823
Link REIT
Largest HK REIT by market cap. Diversified retail + car parks across HK and overseas. Conservative gearing.
Retail + Car ParksHK + China + UK + AU + SG6.4%-45.3%88Guide →