Basic Profile & Key Statistics
- Main Sector(s): Industrial
- Country(s) with Assets: United States & Canada
- of Properties (exclude development/associate/fund): 10
Key Indicators
Performance Highlight
Despite similar gross revenue as per forecast, the NPI is 5.9% above the forecast figure. However, distributable income and DPU are both slightly lower than forecast. This is mainly due to the finance expenses being 42.6% above forecast.
Related Parties Shareholding
- REIT sponsor's shareholding: Above median for more than 20%
- REIT manager's shareholding: Above median for more than 20%
- Directors of REIT manager's shareholding: 0%
Lease Profile
- Occupancy: 100%
- WALE: Above median for more than 20%
- Highest lease expiry within 5 years: Above median for more than 20%; Falls in 2025
- Weighted average land lease expiry: 100% Freehold Properties
Debt Profile
- Gearing ratio: Below median for more than 20%
- Cost of debt: ± 10% from median
- Fixed rate debt %: Below median for more than 20%
- Unsecured debt %: 100%
- WADM: Above median for more than 20%
- Highest debt maturity within 5 years: 100% falls in 2026
- Interest coverage ratio: Above median for more than 20%
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