Basic Profile & Key Statistics
Key IndicatorsPerformance Highlight
Despite a slight YoY decline in gross revenue, NPI remained stable. However, income available for distribution and DPU saw a significant drop, primarily due to lower interest income and higher tax expenses.
Rental Reversion
Rental reversion for 2H 2024 and FY 2024 came in at 1.3% and 2.8%, respectively.
Asset Enhancement Initiative and Development
Two AEIs/developments are committed for Nove Mesto One Industrial Park 1 and Durham, focusing on space expansion and solar panel installation. Additionally, two projects are in the planning stage for Haagse Poort and Parc des Docks, Saint Ouen. Meanwhile, Via Dell’Industria 18 and Billstedt are under redevelopment, and Maxima is undergoing strip-out works.
Related Parties Shareholding
...REIT Sponsor's Shareholding: ModerateREIT Manager's Shareholding: Less FavorableDirectors of REIT Manager's Shareholding: Favorable