Basic Profile & Key Statistics Starhill Global REIT (SGREIT) invests in retail and office properties which currently owns 10 properties across Singapore, Australia, Malaysia, Japan and China.
Performance Highlight Gross revenue decreased by 0.6% YoY but NPI increased by 0.6% YoY.
For Wisma Atria, tenants' sales and shopper traffic improved to 83.4% and 74.2% of pre-circuit breaker level.
AEI for The Starhill is expected to complete by December 2021. Besides this, Wisma Atria has also commenced interior upgrading works at its common area.


Related Parties Shareholding

REIT sponsor's shareholding is high at 37.55%REIT manager's shareholding is high at 1.6%Directors of REIT manager's shareholding is low at 0.01%
Lease Profile

Occupancy is slightly high at 95.5%WALE is long at 5.4 yearsHighest lease expiry within 5 years is high at 56.8% which falls beyond FY23/24, without breakdownWeighted average land lease expiry is moderate at 61.69
Debt Profile

Gearing ratio is moderate at 35.9%Cost of debt is high...