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.

GlobeNewswire, March 12 — SF Holding (06936.HK) announced that on March 12, 2026, its wholly owned subsidiaries S.F. Express (Hong Kong) Limited and S.F. Express (China) Limited, Foshan SF Express Co., Ltd., Anhui SF Express Co., Ltd., and Hunan SF Express Co., Ltd. (collectively referred to as “Lessees”) entered into lease renewal agreements with related party SF Real Estate Investment Trust (SF REIT, hereinafter “SF REIT”) and its wholly owned subsidiaries Goodear Development Limited, Foshan RZ 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 was established by the company through the injection of its underlying assets, including Hong Kong Asia Logistics Center - SF Tower, Foshan Guicheng Fengtai Industrial Park, and Wuhu Fengtai Industrial Park, and 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.