Basic Profile & Key Statistics
- Main Sector(s): Retail, Office & Hospitality
- Country(s) with Assets: Singapore, Australia, Germany, China, Malaysia
- of Properties (exclude development/associate/fund): 26
Key Indicators
Performance Highlight
Gross revenue, NPI, the amount available for distribution, distributable income and DPU have improved yoy mainly due to o contributions from 66 Goulburn Street, 100 Arthur Street, 101-103 Miller Street, Greenwood Plaza and CapitaSky which were acquired between March to June 2022.
Shopper Traffic and Tenant Sales
Both tenant sales and shopper traffic have continued to recover where tenant sales psf has exceeded the 2019 pre-COVID level.
Rental Reversion
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Rental reversion is at negative 1.5% if comparing year 1 rents vs outgoing final rents but achieved positive 1.2% if comparing incoming average rents vs outgoing average rents.
Asset Enhancement Initiative
AEI for Raffles City Singapore has been completed with over 65 new brands have entered the mall. As for CQ @ Clarke Quay, the AEI is expected to be completed by 3Q 2023....
