StarhillGbl Reit Company profile
About Starhill Global Real Estate Invmt Trust
Starhill Global Real Estate Investment Trust (the Trust) is a real estate investment trust. Its principal activity is to invest primarily in prime real estate used mainly for retail and/or office purposes with the objective of delivering regular and stable distributions to unitholders and to achieve long-term growth in the net asset value per unit. Its segments include Wisma Atria Property, Ngee Ann City Property, Australia Properties, Malaysia Properties, and Other Properties. Its investment properties are located in Singapore, Adelaide and Perth-Australia, Kuala Lumpur-Malaysia, and others (consisting of China Property in Chengdu and two properties in Tokyo, Japan). The Trust has interest in Wisma Atria and Ngee Ann City on Orchard Road in Singapore; Myer Centre Adelaide, David Jones Building and Plaza Arcade in Adelaide and Perth, Australia; The Starhill and the Lot 10 Property in Kuala Lumpur, Malaysia; a retail property in Chengdu, China, and two properties in Tokyo, Japan.
Financial summary
BRIEF: For the six months ended 31 December 2021, StarhillGlobal Real Estate Invmt Trust revenues increased 3% toSP$91M. Net income applicable to common stockholdersincreased 14% to SP$43.6M. Revenues reflect an increase indemand for the Company's products and services due tofavorable market conditions. Net income benefited from NetOperating Income-Singapore increase of 4% to SP$43.9M.
Equity composition
07/2009,Rights Issue, 1 new share for every 1 share held @SGD .35 (Factor: 1.278351).05/2010, Capital repayment ofSGD .0008. 07/2010, Capital repayment of SGD 0.0007.07/2009, Capital 11/2010, Capital repayment of SGD .0009.05/2012, Capital repayment of SGD 0.0032.