Portfolio occupancy rate increased 0.9% from 95.2% as at 31 December 2022 to 96.1% as at 31 March 2023.
Based on independent valuation from Colliers International (Hong Kong) Limited as at 31 December 2022.
Based on 100% interest of Beijing Wanliu. Valuation of Beijing Wanliu based on 60% interest amounted to RMB 1,516.2 million.
Multi-tenanted
Master-leased
ANCHORING FOUNDATIONS. STAYING RESILIENT.
BHG RETAIL REIT : 1Q 2023 BUSINESS UPDATES
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BHG Retail REIT published this content on 11 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 May 2023 09:46:03 UTC.
BHG Retail REIT is a Singapore-based real estate investment trust. The Company invests in a diversified portfolio of income-producing properties located primarily in the Peopleâs Republic of China (China) and used primarily for retail purposes. The Company has a diversified portfolio of six retail properties strategically located in cities in China, namely Beijing, Chengdu, Hefei, Xining and Dalian. Its asset portfolio consists of community focused retail properties situated in high population density areas frequented by growing middle class professionals and families. Its each multi-tenanted mall's features include shopping, dining, education and entertainment establishments. Its portfolio comprises over six retail properties: Beijing Wanliu, Chengdu Konggang, Hefei Mengchenglu, Hefei Changjiangxilu, Xining Huayuan and Dalian Jinsanjiao. The Beijing Wanliu is a community mall, which is located in the Haidian District. The Company is managed by BHG Retail Trust Management Pte. Ltd.