On the other hand, the REIT enjoyed higher contributions from Ngee Ann City and Lot 10, as well as appreciation of the Malaysian ringgit against the Singapore dollar.
Starhill Global REIT's DPU for 1HFY2026 has held steady at 1.8 cents versus the preceding period ended Dec 2024. Net property income dipped by 0.8% to $75.1 million while revenue held steady at $96.3 million.
The slightly lower NPI can be attributed to loss of contribution from the divestment of certain Wisma Atria Office strata units, rental arrears provision mainly for its property in China, lower contribution from its Myer Centre Adelaide, as well as depreciation of the Australian dollar against the Singapore dollar, the reporting currency.
