Basic Profile & Key Statistics
Main Sector(s): Hospitality, Retail & OfficeCountry(s) with Assets: Singapore
No. of Properties (exclude development/associate/fund): 12
Gross revenue, NPI and income available for distribution increased yoy mainly due to higher income from the hotels segment and probably lower property expenses.
Revenue Per Available Room
Both 3Q REVPAR for hotels and serviced residences have improved yoy.
Asset Enhancement Initiative
The renovation of The Elizabeth Hotel and rebranding to Vibe Hotel Singapore Orchard is completed and re-opened in early September.
Related Parties Shareholding
REIT sponsor’s shareholding: Above median for more than 20%REIT manager’s shareholding: Above median for more than 20%Directors of REIT manager’s shareholding: Above median for more than 10%
Lease Profile
WALE: Above median for more than 20%Highest lease expiry within 5 years: Below median for more than 20%; Falls in this yearWeighted average land lease expiry: Below median
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