BHG Retail REIT
1H 2023 Results Presentation
8 August 2023
Content
- 1H 2023 Key Highlights
- Financial Update
- Portfolio Update
- Looking Forward
Photo of Hefei Mengchenglu
1H 2023 Key Highlights
31.1 | 17.9 | 0.35 |
(SGD million) | (SGD million) | (SGD cents) |
Gross Revenue | Net Property Income in | Distribution per Unit in |
in 1H 2023 | 1H 2023 | 1H 20231 |
95.8% | 39.3% | Revitalising Tenancies |
Portfolio | Gearing2 | Enhancing Experiences |
Occupancy2 |
+5.5% | +4.9% | +8.2% |
China GDP | Disposable | China Retail Sales |
Growth | income | Growth |
in 1H 20233 | per capita for urban residents | in 1H 20233 |
(y-o-y) | in 1H 20233 (y-o-y) | (y-o-y) |
1. For the 1H 2023, approximately S$0.2 million of the amount available for distribution has been retained for operational expenses and working capital requirements of the REIT.
2. | As at 30 June 2023. | 3 |
3. | Source: National Bureau of Statistics of China. |
Financial Update
Photo of Beijing Wanliu
1H 2023 Financial Update
Gross Revenue
1H 2023
31.1
SGD million
Amount to be distributed
to Unitholders1,2
1H 2023
1.8
SGD million
Net Property Income | Gross Revenue |
1H 2023 | SGD million |
17.9
SGD million | 35.6 |
31.1 | |
Distribution per Unit1,2 | |
1H 2023 | |
0.35 | |
SGD cents | |
1H 2023 | 1H 2022 |
Net Property Income
SGD million
17.9 | 21.0 |
1H 2023 | 1H 2022 |
- For the 1H 2023, approximately S$0.2 million of the amount available for distribution has been retained for operational expenses and working capital requirements of the REIT.
- Lower year-on-year(y-o-y) mainly due to weakening of RMB against SGD and higher interest expenses.
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BHG Retail REIT published this content on 09 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 August 2023 01:39:01 UTC.