Contact Us
Address: Unit No. 2001, 20/F,
68 Yee Wo Street,
Causeway Bay, Hong Kong
Tel: (852) 2805 6336
Fax: (852) 2577 8686
(Stock Code: 1881.HK)
Finance Strategy

Regal REIT maintains a conservative capital structure which limits the amount of debt financing used. The REIT Code sets a maximum level of borrowings to 50% of the total gross asset value of Regal REIT.

As at 31st December, 2021, the gearing ratio of Regal REIT was 43.9% (2020: 44.3%), being the gross amount of the
outstanding loans aggregating HK$10,066.0 million, which takes into account: (a) the 2021 IH Facilities of HK$4,590.0
million; (b) the 2018 RKH Facility of HK$3,000.0 million; (c) the 2019 WC Facility of HK$405.0 million; (d) the 2018 SW
Facilities of HK$790.0 million; (e) the 2018 FH Facilities of HK$660.0 million; and (f) the 2020 MTW Facility of HK$621.0
million, as compared to the total gross assets of Regal REIT of HK$22,912.5 million. The gearing ratio is below the
maximum 50% permitted under the REIT Code.

As at 31st December, 2021, all nine Regal REIT properties with an aggregate carrying value of HK$22,724.0 million were
pledged to secure bank loan facilities granted to Regal REIT.

Regal REIT (a Hong Kong collective investment scheme authorized under section 104 of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong))