26-12-2014, 07:36 PM
26-12-2014, 09:02 PM
Pardon me...
Based on the strata title of Starhill...
->LINK
Am I right to say that it does not matter to Starhill, to a certain degree, as the space that Isetan is currently occupying is not owned by Starhill? So business as usual?
Of course you may argue that traffic may drop...
Based on the strata title of Starhill...
->LINK
Am I right to say that it does not matter to Starhill, to a certain degree, as the space that Isetan is currently occupying is not owned by Starhill? So business as usual?
Of course you may argue that traffic may drop...
26-12-2014, 11:49 PM
Isetan owns the property , not Starhill.
27-12-2014, 12:46 AM
^^ thats what i recall as well because during the great Section 44 debate, shareholders were asking why cant they sell either Wisma or Scott to payout S44 dividends
27-12-2014, 08:30 AM
No reason for Isetan to continue to operate a same concept store just a stone throw away from another at SHAW HOUSE.
If Isetan can get other retailers whose customers are the young and hype , then traffic will even be better .
Isetan retail concept is more suitable for people who are 35 and above.
If Isetan can get other retailers whose customers are the young and hype , then traffic will even be better .
Isetan retail concept is more suitable for people who are 35 and above.
04-05-2016, 08:50 AM
Straits Times on vacancy in various malls, mostly in Orchard Road.
No tenants... And no shoppers
http://www.straitstimes.com/lifestyle/fa...o-shoppers
For Starhill Global, occupancy of Ngee Ann City is still at 100%, while Wisma Atria is at 96.8%. WA also has a -4.8% drop in NPI YoY.
http://infopub.sgx.com/Apps?A=COW_CorpAn...tation.pdf
Still, the Starhill Global properties seem to be holding up better compared to some of the other malls featured in the ST article above.
Hopefully the Toshin rent review in June will offer some upside.
No tenants... And no shoppers
http://www.straitstimes.com/lifestyle/fa...o-shoppers
For Starhill Global, occupancy of Ngee Ann City is still at 100%, while Wisma Atria is at 96.8%. WA also has a -4.8% drop in NPI YoY.
http://infopub.sgx.com/Apps?A=COW_CorpAn...tation.pdf
Still, the Starhill Global properties seem to be holding up better compared to some of the other malls featured in the ST article above.
Hopefully the Toshin rent review in June will offer some upside.
08-06-2016, 08:38 PM
Starhill Global REIT secures 5.5% rent increase for the Master Lease with Toshin in Ngee Ann City property
Highlights :
1. The new base rent is 5.5% higher than the existing rate, is effective for three years, and will commence on 8 June 2016.
2. Toshin master lease accounts for approximately 19.7% of SGREIT’s gross rent.
3. Toshin is the largest tenant of SGREIT.
Highlights :
1. The new base rent is 5.5% higher than the existing rate, is effective for three years, and will commence on 8 June 2016.
2. Toshin master lease accounts for approximately 19.7% of SGREIT’s gross rent.
3. Toshin is the largest tenant of SGREIT.
27-10-2017, 10:05 PM
Attended AGM of Starhill Global today , really impressed by the way AGM was being conducted. The CEO , Mr. Ho Sing and the Chairman , Tan Sri Francis Yeoh were very cultured and professional in handling the Q&A. They made minority shareholders felt we were welcome and were part of the company , they were very patient and totally non combative to the shareholders who raised questions, albeit some were irrelevant .
28-10-2017, 11:49 AM
StarhillGbl Reit(P40U.SI) - 27 Oct (DPU down 7.7% y-o-y: 1.2 cents)
Compared to CMT which is able to manage flat even without funan ... seems what's matter is management capability.
Compared to CMT which is able to manage flat even without funan ... seems what's matter is management capability.
28-10-2017, 06:56 PM
(27-10-2017, 10:05 PM)cfa Wrote: [ -> ]Attended AGM of Starhill Global today , really impressed by the way AGM was being conducted. The CEO , Mr. Ho Sing and the Chairman , Tan Sri Francis Yeoh were very cultured and professional in handling the Q&A. They made minority shareholders felt we were welcome and were part of the company , they were very patient and totally non combative to the shareholders who raised questions, albeit some were irrelevant .
Good to hear that. Did they provide any outlook of the office occupancy?