SF Holding (06936.HK ) and SF Real Estate Trust have renewed the logistics property lease agreement, with a total rent of approximately 694 million yuan.

MaticHoleFiller · 2026-03-13T01:07:06+00:00

SF Express Holdings announced the renewal of multiple logistics property lease agreements with related parties, with a total rent of approximately 694 million yuan, involving properties in Hong Kong, Foshan, Wuhu, and Changsha. SF Reit was listed on the Hong Kong Stock Exchange in 2021, and this renewal agreement is its first acquisition of new assets since going public.

MaticHoleFiller

2026-03-13 01:07:06

Abstract generation in progress

S.F. Holdings (06936.HK) announced on March 12 that on March 12, 2026, its wholly owned subsidiaries S.F. Express (Hong Kong) Limited, S.F. Express (China) Limited, Foshan S.F. Express Co., Ltd., Anhui S.F. Express Co., Ltd., and Hunan S.F. Express Co., Ltd. (collectively referred to as “Lessees”) have renewed property lease agreements with related party SF Real Estate Investment Trust (SF REIT, hereinafter “SF REIT”) and its wholly owned subsidiaries Goodear Development Limited, Foshan Runzhong Industrial Investment Co., Ltd., Wuhu Fengtai E-commerce Industrial Park Management Co., Ltd., and Changsha Jietai E-commerce Industrial Park Management Co., Ltd. (collectively referred to as “Lessor”) for several logistics properties located in Hong Kong, Foshan, Wuhu, and Changsha (collectively “Target Properties”). The total rent amounts to approximately RMB 694 million.

SF REIT is a real estate investment trust established by the company, which injected underlying assets including Hong Kong Asia Logistics Center - SF Tower, Foshan Guicheng Fengtai Industrial Park, and Wuhu Fengtai Industrial Park into the trust. SF REIT was listed on the Hong Kong Stock Exchange on May 17, 2021, with stock code “2191.HK”. On June 24, 2022, Changsha Fengtai Industrial Park was injected into SF REIT by the company, marking SF REIT’s first asset acquisition since its listing.

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