Following the article on SPH Reit by fellow blogger S-Reit System Investor which I thought was well analysed and the recent buzz surrounding the injection of Seletar Mall into SPH Reit, I wanted to follow up the discussion with the management thoughts on the Malls and my thoughts into the matter.
Here is the Q&A discussion with the CEO and CFO of SPH Management at the seminar organized by the Securities Investors Association.
1.) There are reports that local retailers are struggling with high and painful rental renewals. What is your view on current rental renewals?
CEO: From a business point of view, rental is a key component and the other key factor is labour.
From a retailer point of view, each business set up should make sense to him or her. The number of labour or manpower that they can recruit is sometimes not within their control. So, ...
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