Basic Profile & Key Statistics
OUECT achieve positive rental reversion for Singapore office properties which range from 2.9% to 22.1%. However, Lippo Plaza in Shanghai has a negative rental reversion.
Shopper traffic and tenants’ sales for Mandarin Gallery have recovered to 70% and 80% of pre-COVID level respectively.
Occupancy is moderate at 92.6%. WALE is slightly low at 3.6 years where the highest lease expiry of 38.8% falls in 2024 and beyond, without breakdown. Weighted average land lease expiry is moderate at 61.94 years.