Basic Profile & Key Statistics
- Main Sector(s): Office, Industrial & Logistics
- Country(s) with Assets: Australia, Singapore, Germany, England & Netherlands
- of Properties (exclude development/associate/fund): 105
Key Indicators
Performance Highlight
Gross revenue and NPI have declined yoy mainly due to the divestment of Cross Street Exchange and the weaker exchange rates against SGD. While distributable income remains similar (partly contributed by $5.35 million from divestment gain and a higher proportion of management fees paid in units), DPU has reduced slightly due to a larger unitholder base as compared to the previous year.
Rental Reversion
FY22 portfolio rental reversion is at -3.4% based on the final year rent of the outgoing lease versus the first-year rent of the incoming lease. It would be +6.2% based on the average rent of the incoming lease versus the average rent of the outgoing lease.
Acquisition & Development...
