Distribution YieldDespite the earnings cut, SF REIT is trading at distribution yields of 8.3-7.8% for FY25-26.
EarningsSF REIT offers an attractive yield of approximately 8%, maintaining a BUY recommendation at this stage with a Dividend Discount Model-based target price of HKD3.70.
Parental SupportStrong parental support with over 80% of the gross lettable area leased to SFH Group tenants, providing stability with guaranteed leases by its parent company, S.F. Holding.