Basic Profile & Key Statistics

• Main Sector(s): Office
• Country(s) with Assets: United States
• of Properties (exclude development/associate/fund): 12

Key Indicators Performance Highlight Gross revenue and NPI improved yoy mainly due to contributions from Tanasbourne, Park Place and Diablo which were acquired in Dec 2021, higher car park income and lower rent abatements. Distributable income declined slightly mainly due to higher finance costs. The manager has retained $3.8 mil for general corporate and working capital purposes, resulting in a drop in distribution amount; where DPU is more significant because of the retention and enlarged unitholders base. Rental Reversion Rental reversion is at +0.7% for FY2022. Sensitivity to Interest Rate For every 1% increase in interest rate, DPU is impacted by 0.132 cents, which is around 2.8%. Distribution Breakdown

• Distributable Income Breakdown:
  • 1% from Operation
  • 9% from Fees Payable/Paid in Units
• Distribution = 95.7% of Distributable Income

Related Parties Shareholding

• REIT Sponsor's Shareholding: Below median for more than 20%
• REIT Manager's Shareholding: Below median for more than 20%
• Directors of REIT Manager's Shareholding: Below median for more than 20%

...