Yuexiu REIT Reports 2025 Results: 1.86 Billion Yuan in Revenue, Lower Financing Costs

Yuexiu Real Estate Investment Trust (Yuexiu REIT) has released its financial results for the full year ending December 31, 2025. The trust reported total revenue of RMB 1.86 billion, a decrease from RMB 2.03 billion in 2024. However, the average financing cost fell to 3.61%, marking a nearly three-year low.

Throughout 2025, Yuexiu REIT focused on portfolio optimization. In the fourth quarter, the REIT sold a 50% stake in Yuexiu Financial Tower, raising approximately RMB 5.3 billion in cash. This move enhanced financial flexibility, leading credit rating agencies Standard & Poor's and Fitch to maintain their 'investment grade' ratings and revise their outlook to 'stable'.

The trust maintained an overall property occupancy rate of 82.1% by year-end. Key assets like Guangzhou IFC and Baima Building sustained high occupancy through strategic tenant management and portfolio enhancements. Guangzhou IFC attracted two Fortune Global 500 companies to its office spaces and saw the opening of Guangzhou's first duty-free shop within its retail premises.

Yuexiu REIT actively managed financing risks by refinancing short-term loans and securing new, sustainability-linked financing. By the end of 2025, RMB-denominated financing represented approximately 76% of the total, capitalizing on lower interest rates. For investors, a distribution of approximately RMB 0.0522 per unit for the full year was proposed, reflecting a yield of 6.74%. Looking ahead, Yuexiu REIT plans to continue its focus on risk management and strategic tenant acquisition to enhance competitiveness and deliver sustainable value to unitholders. The trust will monitor economic trends and adapt its leasing and operational strategies to ensure growth and manage interest rate risks.