Hui Xian Real Estate Investment Trust · HKEX:87001
Hui Xian Real Estate Investment Trust — H1 2026 Earnings Presentation
14 slides from Hui Xian Real Estate Investment Trust's earnings presentation, January 2026
Slide 1: Hui Xian REIT 2026 Interim Results
PRIVATE & CONFIDENTIAL HKEx Stock Code: 87001 Hui HuiXian XianREIT REIT 2026 Interim Results 2026 Interim Results (for the period from 1 Jan 2026 to 30 Jun 2026) (for the period from 1 Jan 2026 to 30 Jun 2026)
Slide 2: 2026 Interim Results
2026 Interim Results HKEx Stock Code: 87001 ➢ During H1 2026, • Revenue: RMB1,049 million, a decline of 5.1%YoY • Net Property Income (“NPI”): RMB551 million, a decrease of 9.4%YoY • The decrease was attributed to lower rental income from the retail and office portfolios. Stronger performance from t
Slide 3: Assets Under Management
Assets Under HKEx Stock Code: 87001 Management ➢ Four key cities in China: Beijing, Chongqing, Chengdu, Shenyang ➢ Sectors: Office, Retail, Hotel, Serviced Apartment ➢ Floor area under management : over 1.1 million square metres Beijing – Beijing Oriental Plaza (office, retail, serviced apartment &
Slide 4: Hotel Portfolio
Hotel Portfolio HKEx Stock Code: 87001 NPI Increased 18.9%YoY ➢ Domestic Travel: • China’s domestic tourism sector maintained its upward trajectory • Number of domestic trips (H1 2026)*: +5.4%YoY • Domestic travel expenditure (H1 2026)*: +2.0%YoY ➢ Inbound Travel: • Sustained positive momentum, driv
Slide 5: Hotel Portfolio
Hotel Portfolio HKEx Stock Code: 87001 NPI Increased 18.9%YoY (1) Grand Hyatt Beijing • Beijing’s domestic and international travel continued to grow • Strong performance drove occupancy to near 80% (2) Sheraton Chengdu Lido Hotel (69% interest) • A popular domestic tourism market, keen competition
Slide 6: Retail Portfolio
Retail Portfolio Impacted by Weak Consumer Spending HKEx Stock Code: 87001 ➢ China's retail market remained soft in H1 2026, constrained by persistent macroeconomic headwinds, a prolonged property market downturn, and weak consumer sentiment ➢ China’s total retail sales of consumer goods (H1 2026) i
Slide 7: Retail Portfolio
Retail Portfolio Impacted by Weak Consumer Spending HKEx Stock Code: 87001 (i) The Malls at Beijing Oriental Plaza ➢ Located in Wangfujing (王府井), Beijing ➢ GFA: about 130,000 sq m ➢ Average Occupancy Rate: 90.1% (2025: 90.1%) ➢ Average Monthly Passing Rent: RMB540/sq m (2025: RMB587/sq m) ➢ New leas
Slide 8: Office Portfolio
Office Portfolio Subdued Demand Amid a HKEx Stock Code: 87001 Challenging Business Environment Hui Xian REIT’s office portfolio: (i) The Tower Offices at Beijing Oriental Plaza ➢ GFA: Over 300,000 sq m (8 Grade A office towers) ➢ Features a diverse tenant base spanning various industries, including
Slide 9: Office Portfolio
Office Portfolio Subdued Demand Amid a HKEx Stock Code: 87001 Challenging Business Environment Beijing’s Office Market ➢ Experienced subdued leasing demand, driven by corporate cost-cutting and space contraction ➢ Vacancy rate for Grade A office spaces in Beijing (as at Q2 2026) stood at a relativel
Slide 10: Serviced Apartment Portfolio
Serviced Apartment Portfolio HKEx Stock Code: 87001 Softer Demand Weighs on Occupancy ➢ Market headwinds continued to weaken leasing demand for serviced apartments in Beijing ➢ Domestic demand remained the primary driver for high-end properties ➢ Expatriate long-term leasing has not yet returned to
Slide 11: Financial Position
Financial Position HKEx Stock Code: 87001 Hui Xian REIT continued to maintain a prudent approach to capital management during H1 2026: ➢ Total debt as at 30 June 2026 was reduced to RMB4,553 million from RMB5,038 million as at 31 December 2025; ➢ Interest expenses declined to RMB86 million in H1 202
Slide 12: Outlook
Outlook Navigating a Complex HKEx Stock Code: 87001 Operating Landscape ➢ Heading into H2 2026, the macro operating landscape remains challenging ➢ Escalating geopolitical conflicts, persistent trade frictions, elevated energy costs, and interest rate uncertainties will continue to cloud the global
Slide 13: Key Facts
Key Facts HKEx Stock Code: 87001 IPO Date 29 April 2011 Listing Venue The Main Board of Hong Kong Stock Exchange Currency RMB Total Number of Units* 6,523,199,235 Market Capitalisation* RMB2.54 billion Area under management Over 1.1 million sq m *As at 30 June 2026 13
Slide 14: Disclaimer
HKEx Stock Code: 87001 Disclaimer This document has been prepared by Hui Xian Asset Management Limited (the “Manager”) solely for use at meetings with investors/analysts in relation to the announcement of the interim results of Hui Xian REIT for the period from 1 January 2026 to 30 June 2026 and thi
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