As at March 31, weighted average lease expiry stood at 7.8 years, while expiring leases by gross rents in FY2023/2024 ending June stood at 3.3%.
Starhill Global REIT has posted gross revenue of $47.6 million for 3QFY2023/2024 ended March 31, 0.7% higher y-o-y. Net property income (NPI) for the quarter, however, fell 0.9% y-o-y to $37.7 million.
The REIT’s portfolio occupancy of 98.0% as at March 31 includes its Singapore properties maintaining full occupancy on a committed basis.
