Basic Profile & Key Statistics
Key Indicators
Performance Highlight
Gross revenue and NPI have improved slightly YoY. The distribution to unitholders (after including divestment proceeds and retention release). increased YoY but DPU declined slightly due to enlarged unitholder base.
Rental Reversion
Positive rental reversion was achieved across all types of buildings with the weighted average rental reversion at 7.2%.
Related Parties Shareholding
The directors of the REIT manager hold a relatively high number of shares.
Lease Profile
The overall lease profile falls within the median range with a well spread lease expiry.
Debt Profile
Overall, the debt profile is good.
Diversification Profile
Despite its geographical concentration, the portfolio exhibits diversification in terms of both properties and tenants.
Key Financial Metrics
Property yield, operating distributable income on capital and operating distributable income margin are relatively high.
DPU Breakdown
TTM Distributable Income Breakdown:95% from Operation1.3% from Management Fees Paid in Units2.7% from Divestment Proceeds1% from Release of Retention
Trends
Uptrend: NAV per UnitSlight Uptrend: DPU from Operation,...