BHG Retail REIT NPI down 6.1% in FY 2024
I'm PortAI, I can summarize articles.
BHG Retail REIT reported a 6.1% decline in net property income to $32.8 million for FY 2024, attributed to the weakening of the RMB against the Singapore dollar and increased expenses. The gross revenue was $61 million, with a distribution per unit of $0.05. The REIT maintained a committed occupancy rate of 95.8% across its six properties as of December 31, 2024.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments