SF REIT Jumps Over 13% in Early Trading as SF Holding Plans Acquisition of Its Logistics Assets

Deep News10-30

SF REIT (02191) surged more than 14% during intraday trading. As of press time, the stock was up 12.50% at HK$3.015, with a turnover of HK$21.8178 million.

SF Holding announced that it will acquire, through an overseas wholly-owned subsidiary, the entire equity of the selling entities holding four logistics properties owned by SF REIT, along with intercompany receivables, for a total consideration of approximately HK$2.611 billion. Upon completion of the transaction, SF REIT will be terminated and liquidated, and its fund units will be delisted from the Hong Kong Stock Exchange.

According to publicly available information, the target assets cover four modern logistics properties located in Tsing Yi (Hong Kong), Foshan, Wuhu, and Changsha, with a total gross floor area of approximately 355,000 square meters and a combined valuation of HK$6.2065 billion as of June 30, 2026. Following the completion of the transaction, SF Holding will regain full control of the four logistics properties in Hong Kong, Foshan, Wuhu, and Changsha.

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