Spring Real Estate Investment Trust

What Spring Real Estate Investment Trust does

Spring Real Estate Investment Trust (Spring REIT) is a Hong Kong-listed REIT (stock code 01426) constituted under Hong Kong law and externally managed by Spring Asset Management Limited, a small team (1-10 employees) headquartered in Central, Hong Kong. The Trust's stated positioning is as the first Hong Kong REIT offering direct exposure to two Premium Grade office buildings in Beijing's Central Business District. Its asset base comprises China Central Place in Beijing (a Premium Grade office complex) and Huamao Place in Huizhou, Guangdong Province, China, both held as core properties.

Spring REIT's revenue model is entirely property rental: it leases office space in its two properties to tenants and, by statutory mandate under the Hong Kong REIT Code, distributes no less than 90% of its annual distributable income to unitholders as dividends, paid semiannually (interim and final) in Hong Kong dollars. Distribution per unit has compressed from HK$0.166 in 2024 to HK$0.112 in 2025, reflecting a deteriorating distributable income base.

The Trust distributes its units through its HKEX listing, with trading in board lots of 1,000 units accessible to institutional and retail investors globally. Investor relations activities center on financial reporting, dividend announcements, AGM meetings, and regulatory disclosures via HKExnews. There is no proprietary technology platform, no API, no app surface, and no evidence of AI/ML tooling in the input — operating economics are driven by rental income, occupancy, and PRC commercial real estate market conditions.

Name

Spring Real Estate Investment Trust

Legal name

Spring Real Estate Investment Trust

Website

https://springreit.com

Company type

Public

Operating status

Operating

Headcount range

1–10 employees

Short description

Spring Real Estate Investment Trust is a Hong Kong-listed REIT that owns and leases two Premium Grade office properties — China Central Place in Beijing CBD and Huamao Place in Huizhou, China — distributing at least 90% of distributable income to unitholders.

Ownership category

akta.pro rank

Product category

Real Estate Investment Trust (Commercial Office Properties)

NAICS

Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (52599), Rental and Leasing Services (532)

SIC

Real Estate Investment Trusts (6798)

akta.pro primary industry

REITs & Listed Real Estate Securities (FSAAAKAD)

akta.pro secondary industries

Real Estate Funds — Core (Stabilized, Income) (FSANAEAF), Core Real Estate (Stabilized/Core-Plus) (FSAAAKAA)

Keywords

• Commercial real estate
• Real estate investment trust
• Office property leasing
• Property investment vehicle
• Dividend distributions

Headquarters

HQ city

Central

HQ country

Hong Kong SAR China

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure

Revenue model

1. Property Rental Income: Spring REIT generates revenue through leasing office spaces in its properties (China Central Place in Beijing and Huamao Place in Huizhou). The REIT distributes no less than 90% of its annual distributable income to unitholders as dividends.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Spring Real Estate Investment Trust owns, leases, and operates two Premium Grade commercial office properties — China Central Place in Beijing's Central Business District and Huamao Place in Huizhou — to generate rental income. The REIT sells its units to investors via the Hong Kong Stock Exchange and distributes no less than 90% of its annual distributable income as dividends, paid semi-annually in Hong Kong dollars.

Product overview

Spring REIT is the first Hong Kong REIT to offer direct exposure to two Premium Grade office buildings located in the CBD of Beijing. The company operates a single-integrated product structure consisting of two core properties: China Central Place (Beijing) and Huamao Place (Huizhou). Spring Asset Management Limited serves as the REIT Manager. Spring REIT seeks to offer Unitholders stable distributions and the potential for sustainable long-term growth through ownership and operation of high-quality commercial real estate assets.

Differentiator

Problem solved

Functional benefit

Brands

• China Central Place: Premium Grade office building located in Beijing's CBD
• Huamao Place in Huizhou

Products and services

• China Central Place

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves6 records

Expansion highlights2 records

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights5 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spring Real Estate Investment Trust