starhill global reit
Starhill Global Reit’s net property income edges up 0.2% to S$37.9 million in Q1 FY2026
The Reit’s improved performance was mainly driven by stronger contributions from its Singapore retail and Malaysia segment
Singapore mall landlords are adapting to changing consumer habits, but there’s room for new approaches
Suggestions from market players include mixed-use developments that will ease reliance on rents and tapping underused spaces for pop-ups
Starhill Global Reit H2 NPI flat at S$74.5 million
The lack of growth is mainly from higher contributions from the Singapore retail properties, offset by loss of contribution from divestments and also rental arrears
Starhill Global Reit Q3 NPI inches up 0.5% to S$37.9 million
Increase mainly driven by appreciation of the Malaysian ringgit against the Singapore dollar
Starhill Global Reit obtains S$600 million sustainability-linked loan for refinancing
The 5-year unsecured facility agreement is for term and revolving credit facilities, of S$300 million each
Starhill Global Reit posts 1.1% rise in H1 DPU to S$0.018
Its revenue increases mainly due to higher contributions from its Singapore properties
Starhill Global Reit posts 1.4% rise in Q1 NPI to S$37.9 million
The Reit’s portfolio occupancy stands at 97.6% as at the end of the quarter
Starhill Global Reit to divest strata office lots in Wisma Atria
Divestment is for a cash consideration of about S$16.1 million or S$2,100 per square foot, says Reit’s manager
Starhill Global Reit obtains S$50 million sustainability-linked loan
The transaction is not expected to have a material impact on the Reit’s gearing
Starhill Global Reit posts 6.6% lower H2 DPU of S$0.0185
Income available for distribution for the period stood at S$42.8 million, a drop of 5.7%
