Sponsor: Singapore Press Holdings
Sponsor stake post IPO: 70%, Free float 30%
REIT manager: SPH REIT Management
Leverage: 27.3 - 31.3%
Revenue breakdown: 97% of gross retail rent linked to contracted base rent, 3% tied to retail sales
Yield Comparison with Industry Peers
SPH REIT's indicative yield stands at 5.58%-5.79%, which is largely in line with its retail S-REITs peers, as illustrated in the following chart:
No comments:
Post a Comment