Basic Profile & Key Statistics Main Sector(s): RetailCountry(s) with Assets: Singapore & Malaysia
No. of Properties (exclude development/associate/fund): 10 Performance Highlight Gross revenue, NPI, distribution to unitholders and DPU increased yoy due to full contribution from the ARF acquisition.
Rental Reversion Retail portfolio rental reversion is at 1.73% based on final year rent of outgoing lease versus first-year rent of incoming lease. It would be 4.12% based on the average rent of the incoming lease versus the average rent of the outgoing lease. For Central Plaza, the rental reversion is at 6.36%.
Shopper Traffic & Tenant Sales Tenant sales have improved to above pre-COVID level despite tenant sales recovering to only 50%-70% between Oct 2021 to Mar 2022.
Asset Enhancement Initiative FCT targets to complete the first phase of EV charging points installation work for its malls by Sep 2022.
Asset Enhancement Initiative Century...