Portfolio Overview

Properties Valuation S$3.598 billion as at 31 August 2019
Lettable Area NLA: 961,523 sq ft in SG / GLA: 236,656 sq ft in Aus
Committed Occupancy Rate 99.1% as at 31 August 2019
Number of Tenants 594
Total Annual Shopper Traffic 55.1 million *

* From 1 September 2018 to 31 August 2019

Portfolio Committed Occupancy

  As at
31 August
2017
As at
31 August
2018
As at
31 August
2019
Paragon 100.0% 99.6% 99.8%
The Clementi Mall 100.0% 100.0% 100.0%
The Rail Mall - 94.8% 84.3%
Singapore Portfolio 100.0% 99.4% 99.1%
Figtree Grove Shopping Centre - - 99.2%

Portfolio Lease Expiry as at 31 August

  FY2019 FY2020 FY2021 FY2022 FY2023
and beyond
Singapore Portfolio 6 159 136 125 81
Expiries by NLA 0.9% 27.1% 28.5% 20.5% 22.9%
Expiries by Gross Rental 0.0% 22.2% 29.2% 25.0% 23.6%
           
Australia Portfolio 0 26 10 13 35
Expiries by GLA 0.0% 11.0% 5.0% 17.0% 67.0%
Expiries by Gross Rental 0.0% 20.0% 8.0% 16.0% 56.0%

Top 10 Tenants

Baccarat International (Pte.) Limited| Burberry (Singapore) Distribution Company Pte Ltd| Club 21 Pte Ltd| Cold Storage Singapore (1983) Pte Ltd| Cortina Watch Pte Ltd| Ermenegildo Zegna Far-East Pte Ltd| Ferragamo (Singapore) Pte Ltd| Metro (Private) Limited| NTUC FairPrice Co-operative Limited| Prada Singapore Pte Ltd

Top 10 Tenants

Tenant(1)(2) Trade Sector Lease Expiry (Year)(3) % of
Rental Income
Tenant A Departmental stores & supermarket 1st Half 2024 3.8%
Tenant B Luxury brands, jewellery, watches 2nd Half 2022 3.2%
Tenant C Departmental stores & supermarket lifestyle Between 1st Half 2021 and 1st Half 2023 2.3%
Tenant D Luxury brands, Jewellery, Watches 2nd Half 2024 2.1%
Tenant E Luxury brands, Jewellery & Watches Accessories & Optical Fashion, Handbags, Shoes Between 2nd Half 2020 and 1st Half 2023 1.7%
Tenant F Luxury brands, Jewellery, Watches 1st Half 2022 1.3%
Tenant G Luxury brands, Jewellery, Watches 1st Half 2021 1.3%
Tenant H Departmental stores & supermarket lifestyle 1st Half 2020 1.2%
Tenant I Luxury brands, Lifestyle 1st Half 2023 1.2%
Tenant J Departmental stores & supermarket lifestyle 2nd Half 2021 1.1%
Total     19.2%

Notes:

  1. The list of top 10 tenants above does not take into account one of the tenants which has not consented to the disclosure of its tenancy arrangements in the annual Report
  2. The names of the tenants cannot be matched to the information set out above for confidentiality reasons
  3. Some of the tenants above have signed more than one tenancy agreement and this has resulted in more than one tenancy expiry date for such tenants.

By Trade Mix