Shares & Derivatives
Starhill Global REIT Review @ 8 November 2022
By REIT-TIREMENT  •  November 8, 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 and NPI have improved yoy mainly due to the cessation of rental rebates following the completion of asset enhancement works at The Starhill and lower rental assistance. Tenant Sales and Shopper Traffic For Wisma Atria, shopper traffic is similar to the previous quarter, however, tenant sales has declined as compared to the previous quarter. Asset Enhancement Initiative The AEI work for Wisma Atria is targeted to be completed by December 2022. 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: Below median for more than 20%
Lease Profile
  • Occupancy: ± 5% from median
  • WALE: Above median for more than 10%
  • Highest lease expiry within 5 years: Above median for more than 20%; Falls in FY24/25
  • Weighted average land lease expiry: Below median for more than 10%
...
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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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