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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