Main Sector(s): Logistics, Industrial & OfficeCountry(s) with Assets: Singapore & Australia
No. of Properties (exclude development/associate/fund): 82
No. of Properties (exclude development/associate/fund): 82
Gross revenue and NPI have improved yoy due to the merger with ARA LOGOS Logistics Trust in April this year.
Rental Reversion
Rental reversion is at 11.4% for both 3Q 2022 and YTD 3Q 2022.
Divestment
E-LOG divested 3 Sanitarium Drive on 22 Jul. The divestment of 49 Pandan Road and 2 Jalan Kilang Barat is expected to complete by this year-end.
...E-LOG divested 3 Sanitarium Drive on 22 Jul. The divestment of 49 Pandan Road and 2 Jalan Kilang Barat is expected to complete by this year-end.
Development & Asset Enhancement Initiatives
The development of 21B Senoko Loop is expected to be completed in 1Q 2024. The AEI for 7002 AMK Ave 5 and 16 Tai Seng St is expected to be completed by 3Q 2023 and 1Q 2024 respectively. 53 Peregrine Dr has completed