Basic Profile & Key Statistics
Main Sector(s): Hospitality, Retail & OfficeCountry(s) with Assets: SingaporeNo. of Properties (exclude development/associate/fund): 12
Key Indicators
Performance Highlight
Gross revenue, NPI and the income available for distribution increased YoY mainly due to higher income from the hotels' segment.
Revenue per Available Room
REVPAR has been improving for both hotels and serviced residences where REVPAR for hotels has recovered to 95% of the 2019 level and REVPAR for serviced residences has surpassed the 2019 level.
Asset Enhancement Initiative
Renovation of Public Restrooms for Rendezvous Hotel Singapore has been completed.
Related Parties Shareholding
REIT Sponsor's Shareholding: Above median by 20% or moreREIT Manager's Shareholding: Above median by 20% or moreDirectors of REIT Manager's Shareholding: ± 10% from median
Lease Profile
WALE: Above median by 20% or moreHighest Lease Expiry within 5 Years: Below median by 20% or more; Falls in 2023Weighted Average Land Lease Expiry: Below median by 10% or more
Debt Profile
Gearing Ratio:...