Basic Profile & Key Statistics
Main Sector(s): RetailCountry(s) with Assets: China
No. of Properties (exclude development/associate/fund): 4
Performance Highlight EMA rental income, distributable income and DPU declined yoy mainly due to drop in variable component arising from lower sales amount which was affected by COVID-19 lockdowns from mid-March to end-May 2022.
Sales
The sales amount has dropped yoy (besides Bishan) due to COVID-19 restriction that impeded inter-city movements from mid-March to end-May 2022.
Related Parties Shareholding
REIT sponsor's shareholding: Above median for more than 20%REIT manager's shareholding: ± 10% from medianDirectors of REIT manager's shareholding: Above median for more than 20%
Lease Profile
Occupancy: ± 5% from medianIncome in SGD/Major Currencies: All income is received in RMBWALE: Below median for more than 20%Highest lease expiry within 5 years: Above median for more than 20%; Falls in 2022Weighted average land lease expiry: Below median for more than 20%
Debt Profile
Gearing ratio: Below
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EMA rental income, distributable income and DPU declined yoy mainly due to drop in variable component arising from lower sales amount which was affected by COVID-19 lockdowns from mid-March to end-May 2022.
