Basic Profile & Key Statistics
Main Sector(s): RetailCountry(s) with Assets: ChinaNo. of Properties (exclude associate/fund): 4
Performance Highlight
EMA rental income in RMB increased YoY, however, in terms of SGD, both EMA rental income and distributable income have declined slightly due to a weaker exchange of RMB against SGD. DPU has declined mainly due to the higher amount retained.
Sales
Sales for all 4 outlets have improved YoY due to the re-opening of the economy in December 2022.
Asset Enhancement Initiative
The AEI for Kunming Outlet which aims to revitalize low-traffic zone and improve occupancy through 2 new F&B brands is ongoing. KFC is expected to open at the end of August while Erlanggang Chongqing Hotpot has opened on 5 August.
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: Above median by 20% or more
Lease Profile
Committed Occupancy:
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