Starhill Global REIT
Starhill Global REIT is a Singapore-based real estate investment trust investing primarily in real estate used for retail and office purposes, both in Singapore and overseas.
See below for the Latest 99.co News, Analysis, Profit Results, Share Price Information, and Commentary.
Starhill Global REIT to refinance medium-term notes issued by Malaysian SPV Ara Bintang Berhad
The refinancing was completed by issuing new five-year RM500m Fourth Senior Medium-Term Notes.
Starhill Global REIT to refinance medium-term notes issued by Malaysian SPV Ara Bintang Berhad
The refinancing was completed by issuing new five-year RM500m Fourth Senior Medium-Term Notes.
Starhill Global REIT DPU down 6.6%, NPI up 1.3%
The DPU drop resulted from weaker currencies, higher costs and taxes, and a leasing fee.
Starhill Global REIT's NPI dips 0.9% YoY amidst currency challenges
NPI for the period was $37.7m.
Starhill Global REIT renews lease with Toshin Development for 12 years
The new lease will be valid from 8 June 2025 to 7 June 2037.
Starhill Global REIT secures first sustainability-linked facility for $50m
The facility will be used to finance requirements to attain green certification.
Starhill Global REIT Q1 revenue dip 1% to $47.1m
NPI slightly increased by 0.4% YoY at $37.4m.
Starhill Global REIT obtains $50m loan facility
Under SGX's listing manual, the company could require its trustee to repay all the amount owed.
Divestment of Daikanyama hits Starhill Global REIT’s NPI
The net property income (NPI) declined 1.3% YoY in 3Q FY22/23.
Starhill Global REIT clashes with Myer over alleged breach of lease
Myer occupies 52.0% of the net lettable area in the Myer Centre Adelaide.
Starhill Global REIT’s net income rises 8.4% YoY to $37.2m in Q1 FY22/23
The completion of asset enhancement work at The Starhill contributed to the increase.
Starhill Global REIT’s NPI jumps 7.6% YoY to $75.1m in FY21/22
The cessation of rental rebates in Malaysia contributed to the increase.
SGREIT's net profit rises 7.2% YoY to $69.64m in H1 FY21/22
Despite a profit increase, income available for distribution declined by 1.3%.
Commentary
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