Starhill Global Real Estate Invmt Trust (Starhill), formerly known as Macquarie Prime REIT, invests in commercial properties that are predominantly used for retail and office purposes. Starhill was listed on the SGX on 20 September 2005 with an initial portfolio of two properties worth S$ 1.33 billion. Ever since, it has enlarged its portfolio to 11 properties valued at S$ 3.14 billion as at 30 June 2017. In this article, I’ll list down 10 quick facts that you need to know about Starhill before you invest.
#1: Stock Symbol
Ticker Symbol: SGX: P40U
Market Capitalization: S$ 1.66 Billion (24 December 2017)
Share Price: S$ 0.76 (24 December 2017)
Industry: Reit
#2: The Business
Starhill derives income from the following 5 main properties:
- Wisma Atria
Starhill owns 257 strata lots representing 74.23% of the total share value of strata lots in Wisma Atria. This includes retail ...