Shares & Derivatives
Starhill Global REIT Review @ 10 August 2022
By REIT-TIREMENT  •  August 10, 2022
Basic Profile & Key Statistics
  • Main Sector(s): Retail & Office
  • Country(s) with Assets: Singapore, Australia, Malaysia, Japan & China
  • of Properties (exclude development/associate/fund): 10
Key Indicators Performance Highlight Gross revenue NPI, income available for distribution and DPU (exclude the 0.21 cent DPU of 2H FY20/21 relating to FY19/20’s deferred amount) have improved yoy mainly due to the cessation of rental rebates following the completion of asset enhancement works at The Starhill. Tenant Sales and Shopper Traffic For Wisma Atria, both tenant sales and shopper traffic have improved after the easing of restriction in April. Asset Enhancement Initiative Facade work for Myer Centre Adelaide has started and is expected to complete by 2022 (1H FY22/23), while the upgrading work for Wisma Atria is target to be completed by end 2022. Sensitivity to Interest Rate For every 1% increase in interest rate, the DPU impact would be 0.04 cent per annum, around 1.1%...
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By REIT-TIREMENT
I am Vince and welcome to my blog. I started this blog on 1st January 2019. Since the start of my investment journey, I have been fond of REITs because of its dividends. REITs allowed you to become a property landlord and get rental income without having to fork out large sum of initial capital, look out for tenant as well as manage the properties ...
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