The performance for this quarter was mainly driven by stronger contributions from Singapore retail and Malaysia properties. However this was largely offset by loss of contributions from divested Wisma Atria office units, rental arrears from China property, and depreciation of the Australian dollar against the Singapore dollar.
Starhill Global REIT has reported a net property income (NPI) or $37.9 million for the 1QFY2025/2026 ended Sept 30, up 0.2% y-o-y.
Gross revenue for the reporting period came in 0.7% y-o-y higher at $48.3 million.
