BHG Retail REIT posts strong occupancy rate in Q3
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BHG Retail REIT reported a strong 94.2% committed occupancy rate in Q3 across six properties valued at $860 million. The Beijing Wanliu Mall led with a 96.8% occupancy rate. The weighted average lease expiry is 4.4 years, ensuring stable rental income. Food and beverage tenants contributed 30.8% to gross rental income. Despite a gradual recovery in China's retail sector, ongoing challenges may limit near-term profit growth, with a focus on debt management and portfolio resilience.
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