Starhill Global REIT - Steady With No Surprises

Starhill Global REIT - OCBC Investment Research 2025-01-24: Steady With No Surprises

Starhill Global REIT - Steady With No Surprises

SGinvestors.io

Published: 2025-01-25 01:45 AM

- Read this at SGinvestors.io -

Revenue growth was broad-based across the portfolio with the exception of Japan and China, which cumulatively registered a 5.5% decline due to JPY and CNY depreciation, as well as higher rental assistance for the property in China.

Within Australia, higher contributions from Perth offset weakness from Myer Centre Adelaide, while NPI took a dip on higher operating expenses.

1HFY25 DPU meeting expectations

- Read this at SGinvestors.io -

Overall portfolio occupancy improved 0.1 percentage points q-o-q to 97.7%

Read more at SGinvestors.io.

Above is an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

SGinvestors.io

Ada Lim OCBC Investment Research | https://www.iocbc.com/ 2025-01-24

Read also OCBC's most recent report:
2025-04-10 Starhill Global REIT - A Dull Shine Through The Fog.

Price targets by other brokers at Starhill Global REIT Target Prices.

Listing of research reports at Starhill Global REIT Analyst Reports.

Relevant links:
Starhill Global REIT Share Price History,
Starhill Global REIT Announcements,
Starhill Global REIT Dividend Payout Dates & Corporate Actions,
Starhill Global REIT News