Basic Profile & Key Statistics
Key Indicators
Performance Highlight
Gross revenue and NPI improved YoY due to better performance from Singapore properties. The amount available for distribution and DPU have improved YoY due to improved NPI, higher forex gain and lower tax expenses.
Rental Reversion
Portfolio rental reversion is at 2.9%.
Shopper Traffic & Tenant Sales
In the latest quarter, both shopper traffic and tenant sales have seen improvement for VivoCity. However, Festival Walk experienced a decline in both shopper traffic and tenant sales.
Related Parties Shareholding
The sponsor and manager hold a relatively high number of shares.
Lease Profile
WALE is short and the income in SGD/major currencies is relatively low.
Debt Profile
The cost of debt is relatively low, accompanied by a well-spread debt maturity profile.
Diversification Profile
The diversification is strong in sectors and tenants but concentrated in geography and property contributions.
Key Financial Metrics
The operating distributable income margin is high, but the property yield is low. Management...