Starhill Global REIT has been in my watch list for a few months. The stock price fell as low as $0.73 when there was a rental dispute with Toshin in Ngee Ann City property. I did not rush in to buy as at that point of time, I didn’t do any analysis on Starhill Global REIT. Buying without doing my homework is purely speculation. Today, the stock price has went up to $0.79.
I managed to find some time among my busy work schedule and here is my research of Starhill Global REIT.
Portfolio
Starhill Global REIT owns mainly retail assets in Singapore (Wisma Atria, Ngee Ann City), Australia (Myer Centre, David Jones, Plaza Arcade), China (Renhe Spring Zongbei), Malaysia (Starhill Gallery, Lot 10), Japan (Daikanyama, Ebisu Fort, Harajyuku Secondo, Nakameguro Place).
Occupancy
Occupancy is not an issue for Starhill Global REIT. Given the current economic down cycle, Starhill Global REIT is able to ......