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Corporate digest

Published Sat, Jan 8, 2022 · 05:50 AM

SPH Reit

SPH Reit recorded an occupancy rate of 98.8 per cent as at end-November, its manager disclosed in a quarterly update on Friday (Jan 7).

This marks an improvement from its 97.9 per cent occupancy rate a year ago.

Alongside healthy occupancy, SPH Reit's weighted average lease expiry (WALE) is stable at a 5.5 years by net lettable area. Its strategically located assets with "captive catchments" cushi…

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